China
Yum! Brands completes $1.2b sale of Pizza Hut China
Yum! Brands completes $1.2b sale of Pizza Hut China
The deal is one of two agreements to sell Pizza Hut businesses for $2.7b combined.
Yum China posts 6% system sales growth in Q2 2026
Total revenue increased 13% YoY to $3.1b.
Yum China nears acquisition of Pizza Hut brand in mainland China after 36 years as licensee
The group said it plans to use offshore bridge loans to finance the transaction.
Domino's Pizza China reaches 1,550 outlets after H1 expansion
The company added 235 net new stores and entered 15 cities.
China restaurant revenue up 3.8% YoY despite softer April demand
The sector's price-to-fair-value ratio fell to 0.6 times from 0.8 times in the previous quarter.
Tims China appoints Kwok Wah Cheung as CEO
The former CEO will take on the role of chairman of the company.
Luckin Coffee logs $2.95b in non-coffee drink sales
Its store network has grown to more than 35,000 locations globally.
Yum China system sales edge up 4% in Q1 performance
Revenue rose 10% YoY to $3.3b, helped by favourable currency movements.
Luckin Coffee posts 35.3% revenue growth to $1.736b in Q1
The increase was mainly driven by a 35.8% increase in gross merchandise value (GMV).
Nestlé confirms sale of Blue Bottle Coffee to Centurium Capital
The transaction is expected to be completed in the first half of 2026.
Tim Hortons China swings to $32.5m Q4 2025 net loss
Loss per share rose to $1 (RMB 7.01).
Church’s Texas Chicken enters China with 600-outlet franchise deal
It plans to open its first outlet in Shanghai in summer 2026.
Domino's Pizza China targets 350 new sites in 2026
As of Q1 2026, the company operated 1,462 stores across 72 cities.
Starbucks finalises China JV with Boyu Capital, plans major site growth
Both parties aim to expand the network to as many as 20,000 locations over time.
Domino’s Pizza China posts 43% profit jump despite sales dip
Revenue was up by 24.8%.
China's dining sector returns to ‘neutral’ as policy easing lifts demand
Restaurant sales growth was up 4.8% in the first two months of 2026.
Reborn Coffee opens first flagship in Shenzhen’s Tencent campus
The company said the opening is a key step in its China expansion plans.
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