News

Yum China to acquire controlling stake in Huang Ji Huang

The transaction is expected to close in early 2020.

ST Group reports 42.9% revenue growth

The company also had lower profit, citing one-off listing expenses.

Gong Cha secures investment from private equity firm TA Associates

The transaction is expected to close in early October.

Happy Lamb to open first hotpot restaurant in Europe

The store will open together with the launch of other five global restaurants.

Weekly Global News Wrap: Del Taco considers sale; Domino's “Innovation Garage”; Taco Bell's back-to-school merch

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

Haidilao's sales grew by 59.3% to US$1.66bn in H1 2019

The chain’s 130 new store openings were key in its growth.

Pacific Coffee opens new store in Tsim Sha Tsui

The store is offering a 20% discount on purchases worth $50 or above until 15 September.

Subway expands 2025 cage-free commitment to Asia

More than 1,000 restaurants will participate in the cage-free switch.

FAT Brands to open five co-branded sites in Pakistan

The company continues its expansion in the region.

SSP launches Tai Cheong Bakery in Singapore's Changi Airport

The operator also collaborated with Archipelago Brewery to unveil a new concept.

Weekly Global News Wrap: Yum Brands' CEO to retire; Domino's embraces delivery via e-bike, McDonald's dons new look for McCafé

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