Restaurants

Ucommune to Acquire 60% Equity Stake in Beijing Kuanneng to Expand into Consumer Services Industry

BEIJING, Sept. 27, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider inChina, today announced that its wholly owned subsidiary, Beijing Zerone Management & Consulting Company Ltd., an office space managem...

2021-09-27 19:00 6954

Yum China and Lavazza Plan to Accelerate Expansion of Lavazza Cafés in China and Extend Partnership to Product Distribution

SHANGHAI, Sept. 22, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) and Luigi Lavazza S.p.A. ("Lavazza" or "Lavazza Group") announced that they plan to accelerate the expansion of the store network of Lavazza cafés inChina through the exis...

2021-09-23 06:02 3389

Yum China Outlines "Fortifying Resiliency, Accelerating Growth" Strategy at 2021 Investor Conference

Accelerating store network expansion, aiming for 20,000 stores as the next milestone   Widening strategic moat in digital and supply chain to enable accelerated growth  Long-term potential for high single to double digit system sales, operating profit and EPS growth SHANGHAI, Sept. 22, 2021 /P...

2021-09-23 05:00 3645

Yum China Business Update

SHANGHAI, Sept. 14, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today updated stakeholders on the impact of recent COVID-19 developments. Impact of the Delta Variant Outbreak In our second quarter 2021 earnings release, we mentioned t...

2021-09-15 05:00 8009

Yum China Strengthens its Commitment to Promoting Balanced Diets and Healthy Lifestyles

SHANGHAI, Sept. 13, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) announced the launch of a new campaign to promote balanced diets by offering customers more fruit and vegetable options. The campaign will launch simultaneously onSeptember ...

2021-09-13 16:30 2654

Yum China to Host Virtual Investor Day and to Report Third Quarter 2021 Financial Results

SHANGHAI, Sept. 9, 2021 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China" or the "Company") (NYSE: YUMC and HKEX: 9987) today announced that it will host its virtual Investor Day at8:00 p.m. U.S. Eastern Time on Wednesday September 22, 2021 (8:00 a.m. Beijing/Hong Kong Time on Thursday Septem...

2021-09-10 08:00 4042

Next Meats completes development of three new products: "NEXT Pork", "NEXT Tuna", and "NEXT Milk", set for commercial release in October

TOKYO, Sept. 3, 2021 /PRNewswire/ -- Next Meats Co., known for the first ever plant-based barbecue meats "NEXT Yakiniku", as well as the beef bowl analogue "NEXT Gyudon", hadannounced the creation

2021-09-03 21:51 10930

NSF EyeSucceed™ Augmented Reality (AR) is Transforming the Food Industry

Smartglass solutions improve training effectiveness to reduce labor and costs, supporting food quality, consistency and operational efficiency for quick service restaurants ANN ARBOR, Mich., Aug. 25, 2021 /PRNewswire/ -- The foodservice industry is navigating an unprecedented wave of change in t...

2021-08-25 16:00 1729

Ninja Survey Finds Gen Z and Millennial Parents Are Bored with Their Recipe Rotation and Looking to Spice Things Up

Ninja launches Ninja® Foodi® XL Pressure Cooker Steam Fryer with SmartLid™ to make cooking easier, faster, juicier and crispier results in one Multicooker+ NEEDHAM, Mass., Aug. 18, 2021 /PRNewswire/ -- Ninja

2021-08-18 21:11 2256

Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

SHANGHAI, July 16, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of boar...

2021-07-16 16:30 42920

Yum China Releases 2020 Sustainability Report

SHANGHAI, June 18, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today issued its 2020 Sustainability Report, which highlights the Company's commitment to sustainability and provides an overview of progress made in 2020 towards its sustain...

2021-06-18 18:02 15014

Yum China to Report Second Quarter 2021 Financial Results

SHANGHAI, June 17, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced that it will report its unaudited financial results for the second quarter endingJune 30, 2021 at4:30 p.m. U.S. Eastern Time on Wednesday, July 28, 2021 (4:30...

2021-06-17 17:00 24157

Pandemic invoice write offs more than double, Atradius survey reveals

Atradius Payment Practices Barometer survey reveals increase in use of credit led to rise in write offs and overdue invoices SYDNEY, June 16, 2021 /PRNewswire/ -- Businesses across Australia are feeling the pinch following a full year of the Covid-19 pandemic, according to a report by the leadin...

2021-06-16 07:00 2191

75% of C-level executives in the U.S. retail, hotel and restaurant sectors* admit to a seismic shift towards digital commerce according to a study revealed by J.P. Morgan and FreedomPay

Groundbreaking data uncovers new attitudes and strategic change brought about by the historic head-on collision between technology and the global pandemic PHILADELPHIA, June 9, 2021 /PRNewswire/ -- 'PREPARING FOR THE RETURN OF DEMAND How America's Retail & Hospitality Tech Elite Tackle Disruptio...

2021-06-09 19:30 1663

Yum China Commits to the Science Based Targets Initiative to Reinforce its Climate Action Efforts

SHANGHAI, June 8, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that it has signed the Business Ambition for 1.5⁰C Commitment Letter, as part of the global Science Based Targets initiative (SBTi), that helps companies estab...

2021-06-08 16:30 6335

Meituan Launches Green Tech Fund, and Other Initiatives on World Environment Day

HONG KONG, June 4, 2021 /PRNewswire/ -- Meituan (HKG: 3690) (the "Company"), China's leading e-commerce platform for services, today announced the launch of the Meituan Green Tech Fund and a series of green initiatives to celebrate World Environment Day. Meituan is allocating an initial amount o...

2021-06-05 07:00 10387

Yum China Launches Digital Classroom Initiative to Increase Digital Learning Opportunities for Children in Rural Areas

SHANGHAI, June 1, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today launched its Digital Classroom Initiative, a new CSR program to help students with limited access to online education to learn coding and acquire essential digital skill...

2021-06-01 18:12 5288

NTT Resonant Unveils Conversational AI-based Restaurant Reservation Service Demo Using NVIDIA Jarvis Platform

TOKYO, May 25, 2021 /PRNewswire/ -- NTT Resonant Inc. is using NVIDIA Jarvis ( https://developer.nvidia.com/nvidia-jarvis ), a framework for conversational AI, with NTT Resonant's conversational AI engine to build a demo of a freeform restaurant reserva...

2021-05-25 14:00 1102

Yum China Named to TIME's Inaugural List of the TIME100 Most Influential Companies

SHANGHAI, April 28, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced that it has been named to TIME's first annual TIME100 Most Influential Companies list, which recognizes corporate pioneers, leaders, innovators, titans and d...

2021-04-28 16:30 2020

Yum China Reports First Quarter 2021 Results

SHANGHAI, April 27, 2021 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the first quarter endedMarch 31, 2021. Impact of COVID-19 Outbreak and Mitigation Efforts  Yum China reported substantial year-over-ye...

2021-04-28 04:30 4655
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