Yum China celebrates 10th listing anniversary with 20,000th store opening
The operator of the KFC and Pizza Hut chains reached its latest milestone just six years after opening its 10,000th store in 2020 Key Takeaways: Yum China has opened its…
BRIEF: Yum China not included in second bidding round for Jardine Restaurant Group
Yum China Holdings Inc. (YUMC.US; 9987.HK), operator of the KFC and Pizza Hut chains on the Chinese Mainland, wasn’t included in a second round of bidders vying for the franchisee…
BRIEF: Yum China among bidders for KFC, Pizza Hut operator in Hong Kong, Taiwan
Restaurant operator Yum China Holdings Inc. (YUMC.US; 9987.HK) and private equity giant Carlyle Group (CG.US) are among the parties interested in buying Jardine Matheson’s (JARD.SI) restaurant unit, which runs the…
Involution in China consumer market sparks new ‘Races to the bottom’
"This seems like involution taken to a new level, as it's one of the first cases we've seen of a company taking a major step that's almost certain to undermine…
Yum China turns to new concepts, diversified markets in accelerated growth roadmap
The operator of KFC and Pizza Hut restaurants in China aims to operate 30,000 stores by 2030, up more than 70% from current levels, it said at its recent investor…
NEWS WRAP: Green Tea Group slumps on Hong Kong trading debut
The restaurant operator’s shares fell 5.6% in their first half-day of trade, as investors worried about weak consumer sentiment in China By Doug Young Shares of restaurant operator Green…
TH International tastes success with bagels in donut-averse China
The operator of the Tim Hortons chain in China sold 22 million bagel-based products last year, and said it is aiming to return to revenue and same-store sales growth in…
