Shake Shack To Open First Restaurant In Beijing
According to reports in Chinese local media, New York burger brand Shake Shack will formally open its first restaurant in Beijing on August 12, 2020.
Food & Beverage
Wahaha Opened First Owned Milk Tea Store In Guangzhou
Chinese food and beverage company Wahaha recently opened its first owned milk tea store in Guangzhou's Wushan commercial area.
Luckin Coffee Appointed New CEO
Chinese coffee brand luckin coffee recently announced personnel changes and appointed new chairman for the company.
Yum China To Build New Supply Chain Management Company With CNY50 Million
According to reports in Chinese local media, Yum China plans to invest CNY50 million to establish a new company Chuansheng Supply Chain Management (Chengdu), which will be engaged in supply chain management service, food management,…
Nayuki Opened First Store In Japan
Shenzhen-headquartered tea drink brand Nayuki formally opened a new store in Laox shopping center in Osaka, which is the brand's first store in Japan.
Want Want Reported Operating Revenue Of Over CNY20 Billion In 2019 Financial Year
Want Want recently published its 2019 annual financial report ended March 31, 2020, stating that its net profit for the year was CNY3.65 billion, a year-on-year increase of 5%; its gross margin increased by 2.6…
Burger King Changed China Head
Burger King China recently announced to appoint Zhu Fuqiang, former COO and senior vice president of Burger King China, as new CEO of the company to fully lead Burger King's operation in China.
American Fried Chicken Brand Popeyes Entered China
American fried chicken brand Popeyes recently opened a 470-square-meter restaurant in Shanghai, which is the brand's first store in mainland China.
Canadian Coffee Brand Tim Hortons Gained Investment From Tencent
According to reports in Chinese local media, Canadian coffee brand Tim Hortons' China company had gained investment from Tencent and it would accelerate market expansion with the new capital.
Italian Coffee Brand Lavazza Opened First Asian Flagship Store In Shanghai
Yum China and Italian coffee brand Lavazza announced to build a joint venture to jointly operate Lavazza coffee shop in China.