Legal
The Cheesecake Shop sold to Australia-based investment firm River Capital
PAG Asia Capital owned the business for about five years.
The Cheesecake Shop sold to Australia-based investment firm River Capital
PAG Asia Capital owned the business for about five years.
Philippines’ Figaro Coffee Group eyes new growth avenues following IPO
Net proceeds from the IPO will be used for store openings, renovations, commissary expansion, and others.
Poke House pursuing London IPO, aggressive UK growth
It is projecting more than €100 million (£83 million) in revenue this year.
Hong Kong fund planning to sell Burger King biz in Japan, South Korea: reports
Burger King currently has around 150 and 440 outlets in Japan and South Korea, respectively.
Just Eat Takeaway orders past 1 billion in 2021
274 million orders were processed in the fourth quarter of last year.
Caffè Nero group completes debt refinancing
This effectively ends a takeover bid from the Issa brothers' EG Group.
UK’s HungryPanda acquires Asian food delivery platform Easi
Founded in 2017, it already has a presence in ten countries, including the US, UK and Australia.
SSP Group sees strengthened trading ahead despite 2021 sales drop
Sales in December 2021 ran at approximately 63% of 2019 levels.
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.
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Innovations in QSR could be rolled out in months thanks to Gen AI
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Executive insights
Key AI applications include predictive forecasting, finance automation, and personalisation.
Key AI applications include predictive forecasting, finance automation, and personalisation.
