China
Tims China appoints Kwok Wah Cheung as CEO
Tims China appoints Kwok Wah Cheung as CEO
The former CEO will take on the role of chairman of the company.
3 days ago
Luckin Coffee logs $2.95b in non-coffee drink sales
Its store network has grown to more than 35,000 locations globally.
4 days ago
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.
Tim Hortons China celebrates seven years with travel giveaway
The promotion can be entered through Tims China's official WeChat Mini Programme.
Luckin Coffee posts $74m net income in Q4 2025
Basic and diluted net income per ADS stood at $0.24 (RMB1.60).
Luckin Coffee hits 30,000th outlet with Shenzhen flagship
The venue houses Luckin’s first Master Space for coffee events and interaction.
Yum China total system sales up 7% YoY in Q4 2025
Total revenue was up by 9% YoY to $2.8b.
Burger King China growth set as RBI, CPE JV closes
CPE contributed $350m in new capital and now holds about 83% of the JV.
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