Hotpot

Retail Asia31/05/2022

Haidilao, the largest hot pot restaurant chain in China, will open its first store in the Philippines next month, the Department of Trade and Industry (DTI) said Friday. The DTI said Haidilao International Holding Ltd. would continue to open more restaurants within the year, creating at least 400 jobs. The DTI has yet to divulge […]

Retail Asia08/11/2021

China’s biggest hot pot chain Haidilao is slowing its rollout of new restaurants and increasing diversification of its fare, tempering its rapid expansion during the coronavirus pandemic to cope with a subsequent slump in consumer spending. Haidilao, which became so popular in recent years that it appeased customers in hours-long queues for its soups by providing […]

Retail Asia20/10/2021

China’s biggest hot pot chain Haidilao is slowing its rollout of new restaurants and increasing diversification of its fare, tempering its rapid expansion during the coronavirus pandemic to cope with a subsequent slump in consumer spending. Haidilao, which became so popular in recent years that it appeased customers in hours-long queues for its soups by […]

Retail Asia12/09/2019

Hotpot-restaurant tycoon Zhang Yong has topped the latest Forbes Singapore Rich List. Zhang, the founder of the Haidilao restaurant business, has an estimated net worth of US$13.8 billion (US$19.2 billion) – enough to push last year’s richest Singaporeans, property magnates Robert and Philip Ng into the second spot with their combined wealth of US$12.1 billion. […]

Retail Asia04/09/2019

sales by 59.3 percent to RMB 11.7 billion (US$1.66 billion). The staggering expansion program saw the company’s global network grow from 466 restaurants as of December 31 to 593 at the end of June. Of those, 550 are located in 116 cities across Mainland China, the balance in Taiwan, Hong Kong and overseas locations including […]

Retail Asia01/07/2019

Japanese “farm-to-table” restaurant group AP Company is expanding in Hong Kong with the local debut of its Bijin Nabe hot-pot brand. Named after the group’s signature “collagen-rich chicken ‘beauty stock’”, Bijin Nabe’s 2800sqft venue is now open at APM Millennium City 5 in Kwun Tong. AP Company has expanded to 200 restaurants in Japan and […]

Retail Asia14/06/2019

Yum China looks to expand Asian footprint for hot-pot restaurant brand. Quick-service restaurant firm Yum China Holdings is seeking entry into the Thai hotpot market, reportedly worth THB5 billion (US$156.7 million). The company is seeking a local partner to launch its Little Sheep Mongolian hotpot chain in the territory. “The food and beverage industry in […]

Retail Asia04/12/2018

Among non-Vietnamese cuisine channels, BBQ and hotpot are leading eating out options, and establishments offering these are growing bigger. From last year’s fourth quarter to this year’s third quarter, these two segments have posted the strongest growth in terms of diners’ visits – 46 percent for BBQ and 37 percent for hotpot, according to data […]

Retail Asia07/11/2017

Jollibee Foods Corp (JFC) has closed its restaurant chain 12 Hotpot in Mainland China. The 16 Shanghai-area stores were shut down by its subsidiary, 12 Hotpot (Shanghai) Food and Beverage Management, a 48 per cent-owned JV with WJ Investments. It was formed in August 2012 when JFC’s wholly owned subsidiaries Jollibee Worldwide and Golden Plate […]

Retail Asia19/02/2017

Hotpot chain Sichuan Haidilao Catering is said to be making inroads into Hong Kong, joining a cluster of mainland counterparts whose business in Hong Kong has been chequered. Edwin Leong Siu-hung, founder of Tai Hung Fai Enterprise and one of Hong Kong’s largest retail landlords, confirmed that one of his company’s properties in Mong Kok […]

Retail Asia23/11/2016

Jollibee Foods has reported 13.8 per cent global sales growth in its nine-month net profit as sales soared to P4.39 billion (US$88.2 million). Most of the Jollibee profit growth came from the domestic market where sales rose 16 per cent year-on-year, with the expanding offshore business returning 6.4 per cent growth. During the third quarter, […]

Tag: Hotpot

Chinese hot pot chain Haidilao to launch in the Philippines

Haidilao to close 300 restaurants as Covid curbs eating out

Haidilao slows rollout as Covid-19 curbs consumer appetite

Zhang Yong Tops the latest Forbes Singapore Rich List

Hotpot-restaurant Haidilao plans to open 130 new outlets

Hong Kong debut for Japanese hot-pot chain Bijin Nabe

Yum China eyes Thailand with A Fresh Hotpot Concept

BBQ, hotpot dining blooms in Vietnam

Jollibee closes 12 Hotpot Resturants in China

Hotpot giant Haidilao set to enter Hong Kong soon

Jollibee profit soars as Filipinos order more