Singapore

Weekly Global News Wrap: Yum! Brands' latest sustainability move; Wendy's joins the U.S. breakfast wars; Doordash readies IPO

Here is a summary of the most interesting QSR news stories of the week from around the world.

Weekly Global News Wrap: Yum! Brands' latest sustainability move; Wendy's joins the U.S. breakfast wars; Doordash readies IPO

Here is a summary of the most interesting QSR news stories of the week from around the world.

BreadTalk Group loses SG$5.2m in FY 2019

Only the company’s restaurant division showed profit growth.

Ebb & Flow Group launches AI-powered delivery-only brand

Wrap Bstrd offers hawker food-inspired and healthy food wraps.

Kimly acquires SG$55.8m worth of food outlet properties

It consists of four new coffee shops, three industrial canteens and a restaurant unit.

BreadTalk to be delisted from SGX

Its major shareholders offered to buy all of its other shares for $0.77 apiece.

Deliveroo Singapore's breakfast, late night orders grew 5 times in 2019

Approximately 300 new partner restaurants are added each month on their platform.

Six in 10 Singaporean restaurateurs unprepared with COVID-19 outbreak

57% were expecting to experience more than a half of revenue loss over the next three months.

OUE acquires majority stake in Indonesia-based coffee chain operator

Maxx Coffee will become an indirect subsidiary of the group.

Yifang to open latest UK outlet in Manchester

The Taiwanese tea chain opened its flagship UK tea shop in 2018.