Operations

Domino’s Pizza China revenues surged 51% boosted by new market entries

It was the first time new markets exceeded 50% revenue contribution.

Domino’s Pizza China revenues surged 51% boosted by new market entries

It was the first time new markets exceeded 50% revenue contribution.

Yum China sales boosted by record breaking restaurant quarter opening

The company opened a total of 378 restaurants in the first quarter of 2024.

Luckin Coffee first quarter revenues jump 41.5% 

The group reported more than a 100% jump in average monthly transacting customers in Q1.

Restaurant dining-in lagging behind foodservice growth

Digital adoption, economic pressures shape industry dynamics.

Bask Bear opens first drive-thru outlet in East Malaysia

The outlet is considered the biggest one yet for the brand.

Jollibee shells out S$90m in F&B investment fund

The fund aims to either bolster Asia Pacific food brands or bring strong brands to Asia.

HEYTEA opens in South Korea as it pushes for more Asia market entry

The brand has been accelerating its expansion since 2023.

Luckin Coffee starts trial operations of green coffee bean processing plant

The facility will help optimise and improve the brand’s supply chain.

South Korean burger brand Mom’s Touch opens in Japan

Mom’s Touch will directly operate the new restaurant.

TOMORO Coffee eyes more SEA expansion after Singapore debut

This follows the brand’s launch in China last year.

Luckin Coffee doubles revenue, store count in 2023

The brand has surpassed Starbucks China in annual sales for the first time.

GOPIZZA opens 50th outlet in India

The new flagship outlet opened in Koramangala, Bengaluru.

Yum China sales surged 21% in FY 2023

Sales were boosted by new restaurant openings.

Minor Food Group to expand presence in Vietnam

The group currently operates 100 outlets in the country.

Tim Hortons opens two more outlets in South Korea

The brand entered the market in December 2023.

Malaysian pastry brand Rollney to debut in Singapore

It will open its first branch in VivoCity.