Freshly prepared ‘sauerkraut fish’: Jiumaojiu’s salvation or a new sinkhole?
Once a dominant force on China’s dining scene, the restaurant operator is hoping to revive its business by using live fish killed and prepared on-site for its signature dish Key…
Is serving too fast a sin? The Chinese paradox of pre-made foods
A recent ‘scandal’ involving a major restaurant chain is raising the question of whether China’s proud food culture can digest an industrialized dining revolution By Lee Shih Ta Whenever…
BRIEF: Jiumaojiu’s revenue, profit fall as same-store sales tumble 20%
Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) last Friday reported its revenue and profit both fell more than 10% in the first half of the year, as growing consumer caution…
Xiao Noodles serves up IPO plan to take its tangy taste global
The restaurant company wants to keep expanding its network of spicy Chongqing noodle shops, but price cuts may be eating into profits Key Takeaways: The noodle chain more than doubled…
Can a stale Ajisen float back to the top of China’s noodle pot?
The once-dominant ramen house’s business has slumped on a mix of intensifying competition and lower consumer spending Key Takeaways: Ajisen said it lost up to 40 million yuan in 2024,…
Xiabuxiabu gets chilled by China’s weak economy
The personal hotpot restaurant chain warned its revenue fell and its losses grew last year as increasingly cautious Chinese consumers cut back their spending Key Takeaways: Xiabuxiabu said it expects…
BRIEF: Jiumaojiu profit plunges on intensifying competition
Restaurant operator Jiumaojiu International Holdings Ltd. (9922.HK) said on Monday it expects to report its profit tumbled 89% in 2024 to 50 million yuan ($688.7 million) or more, from 454…
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