RBI has agreed to acquire the Popeyes China business from Tims China on a cash-free debt-free basis based on an enterprise value of $15M Restaurant Brands International Inc. announced two transactions in China, the acquisition of Popeyes China, and the co-investment with Cartesian Capital into the business of TH International Limited. The[Read More…]
Tag: china
KCOFFEE opens 200th store in China
KCOFFEE side-by-side stores are currently located in over 120 cities across 31 provincial-level regions in China Yum China Holdings announced that KCOFFEE has opened its 200th store in China, following two new store openings in Hangzhou East Railway Station and Hangzhou International Airport. KCOFFEE’s side-by-side store model, which consists of distinct KCOFFEE storefronts and dining[Read More…]
Coffee champions crowned at Singapore National Coffee Championships 2024
The winners of this prestigious competition, held at Speciality Coffee & Tea Asia, will represent Singapore at the World Coffee Championships 2025 held in four cities across three continents Speciality Food & Drinks Asia (SFDA) and Speciality Coffee & Tea Asia (SCTA), trade events dedicated to the artisan, gourmet, and[Read More…]
Domino’s Pizza China expansion hits 900 stores in Mainland China
This milestone marks a significant achievement in the company’s ambitious growth strategy DPC Dash Ltd -Domino’s Pizza China, Domino’s Pizza’s exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, celebrated the grand opening of its 900th store in Chengdu,[Read More…]
China’s controversial Yulin dog meat festival opens amid criticism
The World Health Organisation has warned that the dog trade contributes to the spread of rabies and increases the risk of cholera The Yulin “Lychee and Dog Meat” festival, an annual 10-day event, commenced last week in southern China’s Guangxi province. Held from June 21st to 30th, the festival sees[Read More…]
China –EU trade tension grows; Russia, US may boost pork import
According to customs statistics, 18 countries have exported pork products to China in 2024 If China imposes restrictions on pork imports from the European Union (EU) due to escalating trade tensions, pork suppliers from South America and the United States may have the opportunity to expand their market share in[Read More…]
Ethiopian food products soar in Chinese market through CIIE
This rapid growth has been significantly boosted by platforms such as the China International Import Expo and cross-border e-commerce Ethiopian coffee has been rapidly gaining traction in the Chinese market in recent years, with sales growing at a staggering rate of 27 per cent annually. This rapid growth has been[Read More…]
Azelis reinforces partnership with BASF for food and nutrition in China
This agreement strengthens Azelis’ lateral value chain, enhancing its presence across key food industry segments in China with a broader portfolio of food ingredients and is a testament to the company’s long-standing commercial relationship with BASF Azelis, a leading innovation service provider in the speciality chemicals and food ingredients industry,[Read More…]
Australian Dairy Nutritionals appoints Mahinthan Sundaranathan as CEO
Sundaranathan has over 20 years of experience in the dairy industry across the Australian, Chinese and other Asian markets Australian Dairy Nutritionals Limited (AHF) announced that Mahinthan (Mahi) Sundaranathan has been appointed as its Chief Executive Officer (CEO). Sundaranathan has over 20 years of experience in the dairy industry across[Read More…]
China initiates anti-dumping investigation into EU pork
The investigation is anticipated to conclude before June 17, 2025, with the possibility of a six-month extension under special circumstances China has initiated an anti-dumping investigation into specific pork and pig by-products imported from the European Union (EU), according to the Ministry of Commerce. The investigation is in response to[Read More…]
