QSR Media

The transaction values Joe & The Juice at $1.8b.

The tech-based platform is buying 4.5% shares from Prosus.

It features light rice and citrus flavours, a mild sweetness, and a clean finish.

It is available until 17 May, whilst supplies last.

The group cites higher payroll taxes, no rate relief, and higher UK VAT than in Europe as the reason.

The collaboration runs until 31 May.

Once completed, the acquisition is expected to increase group revenue by about 2% annually.

Sales were impacted by softer consumer spending in the latter half of the year.

Prices start at $13.90.

Here is a summary of the most interesting QSR news stories of the week globally.

The coffee chain is set to make its Philippine launch this year.

New site targets high-traffic travel hub as brand accelerates UK expansion strategy.

Starbucks and Little Caesars recently launched an integrated app inside the GenAI platform.

Targeted investment lifted performance, with refurbished sites outperforming and others returning to growth.