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15 stories in this topic
Banu, a premier hotpot brand originating from Mainland China, has broadened its horizons by launching its very first establishment in Hong Kong. Established in 2001, Banu has seen rapid expansion, operating over 200 outlets across Mainland China. The brand’s…
For over a decade, a small-town barbecue and hotpot restaurant enjoyed a regular and content clientele, primarily consisting of employees from a neighboring industrial park. The eatery was particularly bustling over the weekends, basking in the laudatory…
The renowned Chinese hotpot restaurant chain, Haidilao, announced that it generated over US$93.9 million in revenue from its operations in Vietnam in 2025, marking a 7% increase from the previous year. This solid performance propelled Vietnam to become…
For the second consecutive year, Chinese hotpot chain Haidilao has earned the title of “the world’s strongest restaurant brand” after experiencing a robust double-digit increase in value. The brand’s worth rose by 16% to reach $3.6 billion, propelling its…
Haidilao, the largest hot pot restaurant chain in China, will open its first store in the Philippines next month, the Department of Trade and Industry (DTI) said Friday. The DTI said Haidilao International Holding Ltd. would continue to open more restaurants…
China’s biggest hot pot chain Haidilao is slowing its rollout of new restaurants and increasing diversification of its fare, tempering its rapid expansion during the coronavirus pandemic to cope with a subsequent slump in consumer spending. Haidilao, which…
China’s biggest hot pot chain Haidilao is slowing its rollout of new restaurants and increasing diversification of its fare, tempering its rapid expansion during the coronavirus pandemic to cope with a subsequent slump in consumer spending. Haidilao, which…
Hotpot-restaurant tycoon Zhang Yong has topped the latest Forbes Singapore Rich List. Zhang, the founder of the Haidilao restaurant business, has an estimated net worth of US$13.8 billion (US$19.2 billion) – enough to push last year’s richest Singaporeans,…
sales by 59.3 percent to RMB 11.7 billion (US$1.66 billion). The staggering expansion program saw the company’s global network grow from 466 restaurants as of December 31 to 593 at the end of June. Of those, 550 are located in 116 cities across Mainland…
Japanese “farm-to-table” restaurant group AP Company is expanding in Hong Kong with the local debut of its Bijin Nabe hot-pot brand. Named after the group’s signature “collagen-rich chicken ‘beauty stock’”, Bijin Nabe’s 2800sqft venue is now open at APM…
Yum China looks to expand Asian footprint for hot-pot restaurant brand. Quick-service restaurant firm Yum China Holdings is seeking entry into the Thai hotpot market, reportedly worth THB5 billion (US$156.7 million). The company is seeking a local partner to…
Among non-Vietnamese cuisine channels, BBQ and hotpot are leading eating out options, and establishments offering these are growing bigger. From last year’s fourth quarter to this year’s third quarter, these two segments have posted the strongest growth in…
Jollibee Foods Corp (JFC) has closed its restaurant chain 12 Hotpot in Mainland China. The 16 Shanghai-area stores were shut down by its subsidiary, 12 Hotpot (Shanghai) Food and Beverage Management, a 48 per cent-owned JV with WJ Investments. It was formed…
Hotpot chain Sichuan Haidilao Catering is said to be making inroads into Hong Kong, joining a cluster of mainland counterparts whose business in Hong Kong has been chequered. Edwin Leong Siu-hung, founder of Tai Hung Fai Enterprise and one of Hong Kong’s…
Jollibee Foods has reported 13.8 per cent global sales growth in its nine-month net profit as sales soared to P4.39 billion (US$88.2 million). Most of the Jollibee profit growth came from the domestic market where sales rose 16 per cent year-on-year, with the…
