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How Pizza Hut and payments are fueling China’s retail revolution

By Aiko TanakaChina
1 min read
Pizza Hut KFC
Pizza Hut KFC
In this article (4)

Part of the huge shadow Ant Financial casts is its appetite for global investment, but at the same time it’s making moves that are kicking off major changes to how payments are handled in its local market in China.

While the world waits to see how the company’s attempt to acquire U.S.-based MoneyGram will play out, one of Ant’s existing stakes in Yum China — a 2016 spinoff of Yum Brands, which owns Pizza Hut, Taco Bell and KFC — has drawn the attention of an investor who sees the potential to reshape quick serve restaurants, mobile technology and even the middle class in emerging economies.

Questions & Answers

Q.

What is Ant Financial's main activity mentioned in relation to global investment?

A.

Ant Financial has a significant appetite for global investment, which casts a huge shadow. Simultaneously, it is initiating changes to payment handling within China, its local market.

Q.

Which company, owning Pizza Hut, Taco Bell, and KFC, is mentioned in connection with Ant Financial?

A.

Yum China, a 2016 spinoff of Yum Brands, owns Pizza Hut, Taco Bell, and KFC. Ant Financial has an existing stake in this company, which has attracted an investor's attention.

Q.

What potential does the investor see in Ant Financial's stake in Yum China?

A.

The investor sees potential to reshape quick-serve restaurants, mobile technology, and even the middle class in emerging economies. This insight stems from Ant Financial's existing stake in Yum China.

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