China
Yum China targets lower-tier cities in next growth plans
Yum China targets lower-tier cities in next growth plans
The brand plans to reach 25,000 restaurants by 2028.
6 days ago
Luckin Coffee revenues up 50.2% in Q3 2025
However, total operating expenses increased by 57%.
RBI, CPE join forces to expand Burger King China’s presence
The partnership aims to grow the chain to over 4,000 locations by 2035.
Yum China’s revenue up 4% YoY to $3.2b in Q3
Same-store sales were up 1% YoY, whilst same-store transactions rose 4%.
Starbucks, Boyu Capital form JV to operate China stores
The deal is expected to close in Q2 FY2026, pending regulatory approval.
KFC China’s Food Bank programme recognise in Fortune's 2025 Change the World list
The list recognises companies that drive positive social impacts.
Starbucks’ China stake draws final bids from Carlyle, EQT, and Chinese investors, Reuters says
The sale comes as Starbucks struggles with falling market share in China.
KFC China launches sub-brand serving Chinese and Korean-style fried chicken
The new concept is now part of Yum China's growing portfolio of sub-brands.
Chagee net income climbs 2.3% in Q2 2025
The tea chain has a total of 7,038 teahouses as of 30 June 2025.
Domino's Pizza China posts net profit of $9.1m in H1
Basic earnings per share came in at $0.07 (RMB0.50).
MIXUE Group’s net profit surges 44.1% in H1
Earnings per share were up by 38.2% to $1.01 (RMB7.23).
Tim Hortons China posts net loss of $10.6m in Q2
Adjusted net loss per ordinary share was $0.17 (RMB1.21).
Yum China posts 4% revenue growth in Q2
Core operating profit rose by 14% YoY.
Luckin Coffee’s revenue surges by 47.1% YoY in Q2 2025
This was due to a rise in sales volume.
Starbucks China to cut Scope 3 emissions with AI and IoT
Over 7,500 Starbucks outlets are now connected to the new digital platform.
Tim Hortons China expands summer menu with new items
It features additional offerings such as yuzu-flavoured drinks, amongst others.
Starbucks rival Luckin Coffee makes US debut
The brand opened two sites in New York.
Most Read
1. Wendy’s bets on bold new look as competition heats up in Australia 2. Gloria Jean’s unveils new design, branding 3. Nando’s open second drive-thru in Melbourne 4. Weekly Global Wrap: Goldman Sachs reportedly buying Burger King Japan; Taco Bell taps fans for new menu inspiration; Cai Ca replaces Gong cha in Singapore 5. Menulog signs agreement with Uber Eats to redirect customersResource Center
Event News
Nominations are now open for the QSR Media Asia Awards 2026.
