Fast food

Yum strikes two deals to sell Pizza Hut for US$2.7 billion in tale of diverging fortunes

Jollibee Foods has a 60% stake in Highlands Coffee owner SuperFoods Group, having first invested in 2012.

Jollibee’s Highlands Coffee is said to consider US$400 million IPO in Vietnam

Jollibee is building its international profile, striking 27 cross-border deals worth around US$1.1 billion since 2000, according to data compiled by Bloomberg.

McDonald’s rival Jollibee plans US listing for global business

Sapphire Foods said the merger will create a scaled quick-service restaurant platform by consolidating KFC and Pizza Hut operations, boosting efficiency.

Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant

Burger King China will seek to double the chain’s number of restaurants in the country “within five years” and reach more than 4,000 locations by 2035.

Burger King to enter China joint venture, plans to double stores

McDonald's Q2 revenue rose 5% year on year to US$6.8 billion, while same-store sales increased by 3.8% globally and 2.5% in America.
PERSPECTIVE

McDonald’s secret sauce – plus a pickle or two

Jollibee says it’s in line with changes in its articles of incorporation that removes its ability to own, acquire or mortgage land.

Jollibee shares rally after foreign ownership cap scrapped