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Kopi Kenangan gets unicorn status after US$96m Series C funding round
The chain has grown to employ more than 3,000 staff in over 600 stores across 45 cities.
Kopi Kenangan gets unicorn status after US$96m Series C funding round
The chain has grown to employ more than 3,000 staff in over 600 stores across 45 cities.
Burger King India’s board OKs fundraising plans
The chain is looking to establish 700 restaurants by December 2026.
Mad Mex founder buys back 50% share from Singapore-based 4Fingers
The company says it will “refocus its efforts” on Australian expansion.
Strong demand in Turkey lifts DP Eurasia’s sales
Digital continues to be the main driver of the business, the company said.
Burger King UK owner hires banks for planned £600m London IPO: report
The timing and size of the deal “have yet to be finalised”.
Wendy’s on track to have 10 UK sites open by end-2021
It reported 'extremely strong sales' across its fledgling UK estate.
SaladStop Group eyes four new markets in 2025 after securing US$8.8m investment
The round, which was oversubscribed, was led by Temasek.
Jollibee, Yum China, RBI considering bids for Chinese restaurant chain Wagas: report
The owners of the Wagas business are seeking a valuation of US$800 million to US$1 billion or more.
Rebel Foods takes minority stake in Indian dumpling chain Zomoz
The partnership will help Zomoz scale to more than 300 retail and cloud outlets pan India over the next 30 months.
Haidilao to close or suspend around 300 restaurants by end-2021
Affected employees would be redeployed within the group.
Japan Foods dips into the red with S$1.6 mil half-year loss
Losses were attributed to lower government grants and lower rental concessions from landlords.
Greggs sues Swiss insurance company Zurich for £100m over COVID-related payout
The bakery giant claims that Zurich improperly capped the insurance payout at £2.5 million.
Jollibee ups investment in Tim Ho Wan holding firm
The move comes amidst plans to aggressively expand Tim Ho Wan in China.
Domino’s Pizza China franchisee weighing Hong Kong IPO: report
A potential listing by Dash Brands Ltd. could raise about US$100 million.
Singapore to implement new food safety licensing regime for food outlets by 2023
Some 23,000 food establishments will come under the Safety Assurance for Food Establishments (SAFE) framework.
Starbucks Korea facing probe over US$153m in prepaid card takings
It was the only coffeehouse chain to be included in the recent inspection.
Retail Food Group responds to class action from former, current Michel’s franchisees
Read the operator’s full statement here.
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FULL LIST: Winners of the QSR Media Asia Tabsquare Awards 2024
![FULL LIST: Winners of the QSR Media Asia Tabsquare Awards 2024]()
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16 awards were given to the best brands with the most game-changing initiatives.
16 awards were given to the best brands with the most game-changing initiatives.
