East Dawning

Retail Asia16/02/2017

Yum China’s full-year operating profit of US$640 million was up 31 per cent led by margin expansion and restaurant openings. Its CEO describes it as a “momentous” year for the group, licensee of Yum! Brands in Mainland China. It has exclusive rights on the mainland to KFC, Pizza Hut and Taco Bell, which opened its […]

Retail Asia11/01/2017

Mexican-inspired restaurant chain Taco Bell has opened its first outlet in China, near Shanghai’s landmark Oriental Pearl Tower in the Lujiazui business district. The restaurant has opened in conjunction with Yum China Holdings, which is the licensee of Yum! Brands in Mainland China. “Leveraging our deep insights into Chinese consumer preferences, developed from close to […]

Retail Asia17/10/2016

Yum China, being spun off at the end of this month by Yum Brands Inc, says it can triple its number of restaurants. Yum Brands opened its foray into China with a KFC restaurant in Beijing in 1987. There are now more than 7300 KFC and Pizza Hut outlets. “I really don’t see any reason […]

Retail Asia19/09/2016

Pizza_Hut_-_Triple_Treat_Box_-_Image_-_2015.11.6.0.0-1024x576.jpg

Yum China has revealed the likely composition of its board post-spin-off from its US parent, Yum! Brands. The new company to be formed after the sell-off to Primavera Capital Group and a subsidiary of Alibaba Group, will be called Yum China Holdings and is expected to be formally formed on October 31. The nine new […]

Tag: East Dawning

Profits rises for Yum China Holdings

Taco Bell China launches in Shanghai

Yum China aims to triple outlets

Yum China board lineup revealed