News
Jollibee Group acquires full ownership of Tim Ho Wan
They have acquired it for the amount of S$20.2m.
TGI Fridays Malaysia remains unaffected with TGI Fridays Inc. bankruptcy filing
TGI Fridays Franchisor, LLC, is not impacted by the restructuring in the US.
Restaurant Brands International net income records at US$252m in Q3 2024
The group’s total revenue increased to US$2.3b in Q3 2024.
Yum China reports sales boost driven by new restaurant growth
Total system sales grew 4% year-on-year.
Middle East burger chain Salt to debut in Pakistan
The chain announced it through an Instagram post.
Burger King Japan launches new 'KYOTO Whopper'
The new burger features a flame-grilled beef patty topped with a newly innovated “special rice patty.”
Social Media Wrap: MOS Burger Philippines new cheesy bacon burgers; Five Star Thailand brings back Mala Chicken Wrap; Starbucks Singapore reveals new collectibles
Find out what QSRs have been up to on social media this week.
Weekly Global Wrap: Wendy's to shutter 140 restaurants; TGI Fridays files for bankruptcy; Baskin-Robbins new brie-flavoured ice cream
Here is a summary of the most interesting QSR news stories of the week globally.
Starbucks opens largest Greener Store concept in Thailand
It is the brand’s 517th store in Thailand.
YKKO launches its first franchise restaurant in Bangkok
The brand has 41 restaurants in Myanmar.
Little Caesars announces entry into Cambodia
The brand is launching a drive-thru format restaurant
Pizza Hut Middle East pranks influencers with new ‘frozen pizza’ range
The ‘product’ was made available across select supermarkets.
Chinese coffee giant Luckin Coffee eyes US entry
The brand reported an operating income of $222.1m in Q3.
AI drive-thrus face regional hurdles in Asia adoption
Cost, cultural differences, and local infrastructure shape the integration.
Wetzel's Pretzels to debut in Indonesia
Erajaya Food & Nourishment has secured its exclusive rights.
Mister Donut debuts in Hong Kong
It is located in an art shopping mall in Tsim Sha Tsui.
