Restaurants
Yum China and Hubei Provincial Government Sign Strategic Cooperation Framework Agreement
SHANGHAI, Nov. 6, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today signed a framework agreement with theHubei provincial government that builds on the Company's existing footprint in the province and commits to further deepen strategic ...
Yum China Reports Third Quarter 2020 Results
SHANGHAI, Oct. 28, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the third quarter endedSeptember 30, 2020. Impact of COVID-19 Outbreak and Mitigation Efforts Third quarter operations improved, altho...
Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend
SHANGHAI, Oct. 16, 2020 /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...
Yum China Wins 2020 Digital Transformer at the 5th Annual IDC China Digital Transformation Awards
SHANGHAI, Oct. 16, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China", NYSE: YUMC and HKEX: 9987) today announced it has been named 2020 IDC China Digital Transformer in recognition of its leadership in advancing digitalization in the restaurant industry. In addition to w...
Urban Tea Inc.'s Newly Acquired "CROP CIRCLE" Restaurant Reports a 25% Sales Growth in the Midst of the COVID-19 Pandemic
CHANGSHA, China, Oct. 13, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that CROP CIRCLE, its casual street food restaurant inNew York City, has witnessed a...
Yum China to Report Third Quarter 2020 Financial Results on October 28, 2020
SHANGHAI, Sept. 21, 2020 /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 third quarter endingSeptember 30 , 2020 at4:30 p.m. U.S. Eastern Time on Wednesday, October 28, 20...
Pizza Hut Celebrates 30th Anniversary in China
SHANGHAI, Sept. 18, 2020 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China" or the "Company") (NYSE: YUMC and HKEX: 9987), China's largest restaurant company in terms of 2019 system sales, have held a series of activities across China to mark the 30th anniversary of Pizza Hut in the country. P...
Urban Tea Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing
CHANGSHA, China, Sept. 14, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, is pleased to announce that it has regained compliance with Nasdaq's minimum bid price requirement....
Yum China Lists on Main Board of HKEX
HONG KONG, Sept. 10, 2020 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China" or the "Company") (NYSE: YUMC and HKEX: 9987), China's largest restaurant company in terms of 2019 system sales, has officially listed on the Main Board of The Stock Exchange of Hong Kong Limited today. The Company's...
Urban Tea Announces Entering into Letter of Intent to Acquire 80% Equity Interests in Guokui Management Inc.
CHANGSHA, China, Sept. 9, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods headquartered inHunan, China, announced today that the Company has signed a non-binding Letter of Intent ("LOI") to acquire 80% of...
Yum China Announces Pricing of Global Offering
HONG KONG, Sept. 4, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC), China's largest restaurant company in terms of 2019 system sales, today announced the pricing of its global offering (the "Offering") of 41,910,700 new shares of common stock (the "Share...
Yum China Launches Hong Kong Secondary Listing
HONG KONG, Aug. 31, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC), China's largest restaurant company in terms of 2019 system sales, today announced the launch of its Hong Kong public offering, which forms part of the global offering (the "Offering") of...
Yum China Opens Taco Bell Store in Beijing
SHANGHAI, Aug. 21, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced the opening of a new Taco Bell store inBeijing, its first store in the capital city. The new store, located in Beijing's Liangmaqiao district, will open its doors to the pu...
Baemin Introduces an Outdoor Delivery Robot "The City of the Future Became A Reality"
SEOUL, South Korea, Aug. 18, 2020 /PRNewswire/ -- The service that allows delivery robots to come and go outdoor between restaurants and apartments to deliver food has become a reality for the first time in Korea. Woowa Brothers Corp. (CEO Bomjun Kim), the mother company that runs "Baedal Minjok"...
Urban Tea Announces Grand Opening of First Overseas Tea House in New York City on August 1, 2020
CHANGSHA, China, July 31, 2020 /PRNewswire/ -- Urban Tea Inc. (the "Company," "we" or "Urban Tea") (NASDAQ: MYT), a premier retailer of specialty teas and baked goods based inHunan, China, today announced the date of the grand opening of MENO, a specialty tea and coffee house, in West Village nea...
Yum China Reaches Milestone of 10,000 Stores
SHANGHAI, July 29, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced that it has reached the milestone of 10,000 stores in its restaurant network across China and overseas. It celebrated at the 10,000th store opening this month in Bo'ao, Hai...
Yum China Reports Second Quarter 2020 Results
SHANGHAI, July 29, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today reported unaudited results for the second quarter endedJune 30, 2020. Impact of COVID-19 Outbreak and Mitigation Efforts Second quarter operations improved since the COVID-19 outbr...
Yum China Named Official Retail Food Services Sponsor of the Beijing 2022 Olympic Winter Games
SHANGHAI, July 20, 2020 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC) today announced that it has been named as the Official Retail Food Services Sponsor of the Olympic and Paralympic Winter Games Beijing 2022 ("Beijing 2022"). Yum China also becomes an Offi...
Domino's and Dragontail work together to provide customers with peace of mind
SYDNEY, June 30, 2020 /PRNewswire/ -- Domino's Pizza Enterprises Limited (ASX: DMP) andDragontail Systems Limited (ASX: DTS, the "Company" or "Dragontail") are pleased to announce the continuation of their successful partnership, which has seen the development of world-first technology. The Comp...
Yum China to Report Second Quarter 2020 Financial Results on July 29, 2020
SHANGHAI, June 23, 2020 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China") (NYSE: YUMC) today announced that it will report its unaudited financial results for the second quarter ending June 30, 2020 at4:30 p.m. U.S. Eastern Time onWednesday, July 29, 2020 (4:30 a.m. Beijing/Hong Kong Time on...
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