Iconic American fast food taco, burrito, and nacho chain Taco Bell has arrived again in China.
Yum Brands announced plans to double the number of its restaurants in China.
The world's leading fast food restaurant chain KFC officially opened a store in Lhasa, making it the first well-known international food and beverage brand to enter Tibet.
The world's leading food and beverage group Yum! Brands, Inc. announced that the company will separate its China businesses.
Yum! Brands, Inc. announced plans to appoint Micky Pant as new chief executive officer of its China business division.
Dicos, a China-based Western-style fast food restaurant chain, announced that the company will open franchising rights to employees.
The world's leading food and beverage group Yum! Brands Inc. published its financial report for the first quarter of financial year 2014, stating that its operating revenue was USD2.72 billion, a year-on-year increase of 7.5%.
Yum! Brands Inc. reported results for the second quarter ended June 15, 2013, and said its system sales declined 12% in China.
Yum announced that its net profit decreased by 27% year-on-year to USD337 million in the first quarter of 2013, mainly attributing to the sales and profit decline in the Chinese market.
Lawsuits have been filed against KFC's parent company Yum! Brands Inc. by multiple entities in the U.S. over alleged breaches of fiduciary duties, insider selling, misrepresentations, and lack of disclosure related to claims that certain…