Tag
fast food
Stories tagged fast food.
McDonald's Sells Nearly Half Its Hong Kong Shops in Slumping Market
McDonald's has sold 11 of its 23 self-owned Hong Kong restaurants for more than HK$900 million, a year after putting the portfolio on the market even as the city's retail property sector struggles.
Haidilao diversifies into burgers and sushi as hotpot growth cools
China's largest hotpot chain Haidilao is branching out into hamburger and sushi concepts as demand for hotpot slows, entering a crowded fast-food market.
Pizza Hut China Changes Hands as Global Brands Seek Local Allies
Pizza Hut, the largest casual dining operator in China, has been acquired by Yum China for a nominal fee, reflecting a broader trend of Western chains partnering with local firms to navigate intensifying competition.