Reversing the Slide – Bamboo Works 2023 Year in Review Special Report
By Brent Li To understand how offshore-listed Chinese stocks did in 2023, we need to look back a year earlier to when the Chinese landscape was pocked with widespread pandemic…
Yum China expands footprint in lower-tier cities to drive growth amid growing consumer caution
The operator of KFC and Pizza Hut restaurants in China posted 21% revenue growth last year, led by aggressive new store opening and price widening campaigns to capture new customers…
TH International reaches Popeyes goal, but falls short on Tim Hortons
The operator of the two Western fast food chains in China said it has 919 stores, trailing its previously announced goal for 1,000 stores by the end of 2023 Key…
KFC plucks up major milestone with 10,000th China store opening
The chain launched its latest store in the city of Hangzhou 36 years after becoming the first Western fast food operator in China Key Takeaways: KFC has opened its 10,000th…
Yum China ‘rediscovers’ its fast-food roots in budget-conscious times
The operator of KFC and Pizza Hut restaurants in China has been expanding its price range to tap underserved consumers Key Takeaways: Yum China reported record third-quarter revenue and adjusted…
Yum China plans post-pandemic binge with major expansion
The operator of KFC and Pizza Hut restaurants in China is aiming to boost its footprint by nearly 50% from current levels to 20,000 stores by 2026 Key Takeaways: Yum…
‘Sauerkraut Fish’ king flies back from Covid, as trendy tresses show signs of fading
Jiumaojiu’s revenue jumped more than 50% in the first half of the year, as its business returned to normal and it continued its rapid expansion Key Takeaways: Jiumoajiu’s revenue…