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McDonald's, Yum rework plans in China as market turns tough
Found at almost every major street corner across thousands of cities in China, McDonald's and fast food outlets under Yum Brands such as KFC and Pizza Hut have long enjoyed a run of super-sized growth as local consumers craved a taste of Americana.
April17,2017
Yum local unit plans to add 600 new stores a year
Yum China Holdings Inc, which had more than 7,500 outlets in China as at the end of last year, said it has plans to add about 600 stores in the country annually.
February13,2017
Yum China sells 460 mln USD stake to Primavera, Ant Financial
Yum Brands Friday said it has reached a deal to sell a 460 million U.S. dollar stake in its China business to private equity firm Primavera Capital and online and mobile financial service provider Ant Financial.
September05,2016
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