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.
Taco Bell Thailand unveils new shipping container restaurant model
It has 30 seats and caters to delivery.
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.