News

Jollibee's net profit surged 17.3% to $34.4m in Q1

It also reported a system-wide sales increase of 19.3% year-on-year to $878.2m, supporting the 18.8% growth in revenue to $664.7m.

Jollibee's net profit surged 17.3% to $34.4m in Q1

It also reported a system-wide sales increase of 19.3% year-on-year to $878.2m, supporting the 18.8% growth in revenue to $664.7m.

Jollibee invests SG$45m to acquire the Tim Ho Wan franchise in APAC

The venture is said to eventually allow substantial control of the master franchise for Asia Pacific.

Philippine QSR delivery services ordered to shut down after data breach

The National Privacy Commission prompted Jollibee Foods Corp. and Wendy’s Philippines to shutdown their online food delivery services.

Pizza Hut rolls out book donation and exchange program across China

To mark World Book Day, Yum China celebrated the grand opening of the "Pizza Hut Book Donation and Exchange Sub-Center" in Shenzhen.

Don Chicken Vietnam to expand across Hanoi

Don Chicken Vietnam is planning to expand its Hanoi portfolio through franchising.

Deliveroo to equip 35,000 riders with free accident insurance in 12 countries

It will cover regions including the UK, Singapore, the UAE, and Hong Kong.

7-Eleven Malaysia to acquire 60% of Café Decoral for $150,354

The deal in which Convenience Shopping will subscribe to 123,004 ordinary shares of Café Decoral is set to be completed by mid 2018.

Fatburger launches second Philippine site

The brand has announced its newest location in SM Mall of Asia, Pasay City.

Starbucks China's net revenue grew 54% to $1,186.4m in Q2

It is driven by incremental revenues from the impact of the ownership change in East China.

Jollibee to introduce Vietnamese chain Pho 24 in Philippines

The giant is bringing Pho 24 to the Philippines through its wholly-owned unit Fresh N’ Famous Foods, Inc.

Fatburger and Buffalo's Express debut in Tokyo

Fatburger Buffalo's Express Shibuya Crossing site has opened its doors on April 28.