China
Papa John’s inks deal to open over 1,300 stores in China by 2040
The franchisee development agreement is the biggest in the pizza chain’s history.
Papa John’s inks deal to open over 1,300 stores in China by 2040
The franchisee development agreement is the biggest in the pizza chain’s history.
Starbucks China banks on tech investments with Sequoia partnership
The coffee giant will look to form “commercial partnerships with next-generation food and retail technology companies”.
Luckin Coffee's value plunges after admitting to potential US$300m fraud
Billions were wiped off from its market capitalisation.
Starbucks expects Q2 sales in China to drop by 50% due to COVID-19 disruption
But it assured investors that it is seeing “signs of recovery”.
Starbucks raises full-year earnings and revenue forecast, beats Q3 estimates
CEO Kevin Johnson says its US and China markets performed “extremely well”.
KFC China gets creative with chicken to combat rising poultry prices
The fried chicken giant is selling a piece of the chicken it has never used before.
Starbucks reports Q2 results, aims to accelerate growth in China, U.S
The results come amid competition from coffee chains in the growing Asian market.
Domino's celebrates opening of 10,000th non-U.S. store
The milestone store in Shenzhen also the pizza giant's 200th location in China.
Starbucks confirms partnership with Alibaba Group, set to leverage Ele.me delivery platform by September
The global coffee chain will also collaborate with Alibaba's Hema supermarkets to establish “Starbucks Delivery Kitchens”.
Tim Hortons eyes expansion into China
The Canadian coffee and donut company plans to open more than 1,500 sites in the country.
Starbucks Expands its Ready-To-Drink Products in China
The coffee company inks a deal with Tingyi Holding Corp to further tap China’s $6 billion RTD coffee category.
Dunkin' Donuts Announces Massive China Expansion Plans
1,400 stores to be opened across China.
