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…]
Tag: KFC
Pudu Robotics releases catering and retail service robot
The global service robotics leader upgrades its flagship smart service robot to meet growing customer demand across the world Pudu Robotics, a global leader in the service robotics sector, launched BellaBot Pro, the next generation of its flagship smart service robot, using AI to deliver personalized interactions to customers throughout[Read More…]
KFC China celebrates opening of 10,000th store
KFC China’s ambitious growth trajectory: targeting over half of China’s population by 2026 Yum China Holdings, Inc. celebrated the opening of KFC China’s 10,000th store, marking a significant milestone in KFC China’s 36-year growth journey in the country. Situated in Hangzhou, KFC China’s 10,000th store is located on the banks of the Beijing-Hangzhou[Read More…]
EG Group to sell KFC franchise restaurants in UK and Ireland
The sale is expected to be completed in the first half of 2024, with proceeds to be used to repay debt EG Group announces that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division.[Read More…]
Yum China’s net income up by 139% in Q2
Total Revenues up 25%; system sales grew 32% in constant currency; operating profit increased 216% In the second quarter of 2023, Yum China Holdings reported a net income of $197 million, which is an impressive 138 per cent increase compared to the previous year’s $83 million. The company’s total revenue[Read More…]