News

Luckin Coffee sacks CEO, COO amidst accounting scandal

Jinyi Guo was named the chain’s acting chief executive.

Luckin Coffee sacks CEO, COO amidst accounting scandal

Jinyi Guo was named the chain’s acting chief executive.

Kimly Group posts 5.3% net profit growth in H1 2020

Revenue growth was attributed to five coffee shops and eight food stalls opened since November 2019.

Starbucks opens second community store in South Korea

The neighborhood surrounding the store is home to startup and social venture companies.

Popeyes China to open first store in Shanghai next week

The move is part of its larger plan to have over 1,500 restaurants in the country.

MOS Burger Singapore goes gourmet with new wagyu burger

The new item is part of the chain’s ‘Temptation’ series.

Yum China sticks to dine-in, expansion plans post-virus

The company turned a profit despite being hard-hit by the pandemic.

Luckin Coffee's technology chief resigns amidst accounting scandal: report

The U.S. Securities and Exchange Commission is investigating the coffee chain for fabricating millions of dollars worth of sales deals.

McDonald's Singapore extends closure of restaurants

The chain was supposed to reopen stores by 5 May.

KFC Malaysia releases Nasi Kari Atuk for Ramadan

The chain encouraged customers to choose contactless delivery when ordering.

Tealive brings DIY tea kits to Australia

The chain sold hundreds of kits days after launching it via an online store in Malaysia.