News

Domino’s Pizza China revenues surged 51% boosted by new market entries

It was the first time new markets exceeded 50% revenue contribution.

Domino’s Pizza China revenues surged 51% boosted by new market entries

It was the first time new markets exceeded 50% revenue contribution.

Yum China sales boosted by record breaking restaurant quarter opening

The company opened a total of 378 restaurants in the first quarter of 2024.

Luckin unveils new Single Origin Espresso in Singapore

The new beans originated from the Aceh Gayo region in Sumatra, Indonesia.

Subway completes US$9.6b sale to Roark Capital

The sale was announced in August last year.

Weekly Global Wrap: US fast food sales slump; Wendy's menu pricing update; KFC launches perfume

Here is a summary of the most interesting QSR news stories of the week globally.

Tealive lights up Kuala Lumpur’s sky with the largest bubble tea cup

The event was Tealive’s way of commemorating the International Bubble Tea Day.

Luckin Coffee first quarter revenues jump 41.5% 

The group reported more than a 100% jump in average monthly transacting customers in Q1.

Malaysian coffee chain Oriental Kopi to open in Singapore

This will be the first overseas opening for the brand.

Weekly Global Wrap: Chipotle shutters spin-off brand; Wendy's free fries Fridays; Domino's to 'tip' customers

Here is a summary of the most interesting QSR news stories of the week globally.

Restaurant dining-in lagging behind foodservice growth

Digital adoption, economic pressures shape industry dynamics.

Chinese bubble tea chain ChaPanda seeks $320m IPO in Hong Kong

It is set to be the biggest IPO in Hong Kong this year.

Bask Bear opens first drive-thru outlet in East Malaysia

The outlet is considered the biggest one yet for the brand.

Starbucks Malaysia owner may go private: report

Starbucks has nearly 400 stores in Malaysia