News
Jollibee ramps up expansion of three brands across China
Jollibee ramps up expansion of three brands across China
The company described the country as one of their "four pillar markets".
Social Media Wrap Up: Subway Hong Kong’s ‘vegetarian’ chicken sub; Fruitas launches sorbet range; 4Fingers’ chocolate sandwich
Find out what QSRs have been up to on social media this week.
Weekly Global News Wrap: Burger King parent gobbles Firehouse Subs; Sweetgreen raises US$364m in IPO; Inside Starbucks, Amazon Go’s new concept store
Here is a summary of the most interesting news stories of the week from around the world.
Kimly not expecting to appoint new executive directors
Lim Hee Liat and Chia Cher Khiang stepped down from their roles in the company after they were charged under Singapore’s Securities and Futures Act.
SaladStop Group eyes four new markets in 2025 after securing US$8.8m investment
The round, which was oversubscribed, was led by Temasek.
Haidilao eyes US$301m share sale for credit facilities repayment
It previously announced it will be shutting down or suspending the operations of around 300 restaurants.
Jollibee, Yum China, RBI considering bids for Chinese restaurant chain Wagas: report
The owners of the Wagas business are seeking a valuation of US$800 million to US$1 billion or more.
Weekly Global News Wrap: Panera to go public again; DoorDash widens reach with Wolt acquisition; Fast food chains grow appetite for celebrity partnerships
Here is a summary of the most interesting news stories of the week from around the world.
Social Media Wrap Up: The Alley Singapore’s ginger ale series; McDonald’s Singapore’s Big Mac Jenga set; More flavoured rice offerings from Max’s
Find out what QSRs have been up to on social media this week.
7-Eleven Singapore, Andes by Astons launch ready-to-eat meals
The chain also launched its own ready-to-eat items under its own brand 7-SELECT.
Jollibee swings to profitability in third quarter
It is also getting a majority stake in the firm that owns bubble tea chain Milksha.
Deliveroo Hong Kong opens Editions site in Cheung Sha Wan
Over eight neighbourhoods will be catered for by the new site.
Rebel Foods takes minority stake in Indian dumpling chain Zomoz
The partnership will help Zomoz scale to more than 300 retail and cloud outlets pan India over the next 30 months.
Haidilao to close or suspend around 300 restaurants by end-2021
Affected employees would be redeployed within the group.
Long John Silver’s to open 54 restaurants in Indonesia
The American seafood chain has 21 locations in Singapore.
Weekly Global News Wrap: Chipotle’s climate pledge; Fat Brands to acquire U.S. Italian chain Fazoli's, Wingstop to increase menu prices amidst rising costs
Here is a summary of the most interesting news stories of the week from around the world.
Social Media Wrap Up: BreadTalk’s panda-themed buns; KFC Singapore’s Zinger Pocketts; Domino’s Singapore’s Cheese Xplosion Pizza returns
Find out what QSRs have been up to on social media this week.
Commentary
Design, Data, Discipline: The answer to attrition for QSRs in Asia
What's driving the rapid growth of coffee retail in the Philippines?