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Yonho Plans Pizza Outlets In Nanjing

February 13, 2006 | By ChinaRetailNews.com Editor | Print Print | Email Email

Yonho announced that they have acquired 100% of Taiwan 98 Pizza and will soon open a new pizza store in Nanjing.

An assistant to Yonho's Board Chairman told local media that Yonho would first open its pizza restaurant in the Nanjing area after finishing the acquisition of 98 Pizza, and then expand its pizza business nationwide.

98 Pizza made its name by selling pizza for only RMB9.8. 98 Pizza is a pizza brand originally from Taiwan and Yonho is one of its former shareholders.

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