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Founders of Wisepass, Base.vn and WeFit are educated overseas, drawn back to Vietnam by its startup potential. Lam Tran, 34, is a French overseas Vietnamese with over 10 years’ experience in marketing at Google Europe. He returned to Vietnam and founded…
Global luxury group Richemont has joined the Alibaba Anti-Counterfeiting Alliance, a partnership between the e-commerce giant and brands that works to protect intellectual property rights on Alibaba’s platforms. Geneva, Switzerland-based Richemont is now…
McDonald’s newest restaurant is making a bold statement about the future of the chain. McDonald’s has just opened a new flagship restaurant in Chicago. It is a glassy, 19,000-square-foot building that looks more like an Apple Store than a fast-food restaurant…
McDonald’s China has opened 300 new stores during the last year, pressing ahead with an expansion strategy tied to deals with property developers. The company has signed contracts with Country Garden and Evergrande Group, giving it access to more locations in…
McDonald’s has minted a coin in more than 50 countries to mark the 50th birthday of the Big Mac. Called the MacCoin, it will be released tomorrow, August 2, and while it has no real value, it can be exchanged at restaurants for a Big Mac until the end of this…
McDonald’s Corporation has announced results for its second quarter, seeing consolidated revenues decrease by 12 per cent, pinned on the impact of the company’s strategic refranchising initiative. Little mention was made of McDonald’s Asian performance for…
Pret A Manger’s global business, including Hong Kong and Singapore, has been sold to global investment firm JAB. Flush with cash from the sale of Jimmy Choo and a controlling interest in Bally, JAB is refocusing its core business investments on consumer goods…
McDonald’s reported first quarter results that topped analysts’ forecast on Monday, helped by strength in international markets and U.S. consumers opting for more expensive burgers over value meals. Shares of the world’s biggest chain by revenue rose 4.2…
Alipay, the world’s largest mobile, online payment and lifestyle platform operated by Ant Financial Services Group, announced today that the payment platform will be available in all McDonald’s restaurants in Thailand by April 2018. This makes Thailand the…
Golden Arches Development Corp (GADC) is planning to invest up to PHP2 billion (US$38.4 million) so McDonald’s Philippines can open at least 40 new stores this year. Majority owned by chairman/founder Dr George Yang and his family, GADC is the master…
McDonald’s USA and the Walt Disney on Tuesday announced their first Happy Meal promotion partnership since ending a previous relationship in 2006, after the fast-food chain slimmed down its menu for kids. Their last exclusive, 10-year cross-promotional deal…
Of the abundance of Chinese New Year campaigns by brands this year, McDonald’s Hong Kong has released a touching campaign that tugs at the heartstrings with the help of a classic by Sir Elton John. Cantopop star and actor Eason Chan (who once performed, sort…
McDonald’s Japan plans to open more stores this year, its first expansion in a decade. At the same time, rival Burger King is working on tripling its Japanese locations to 300 by 2022 at a cost of ¥5 billion (US$45.5 million). With a 4.5-fold increase in…
Burger chain McDonald’s announced it will open about 1,000 new McDonald’s restaurants starting 2018 after posting strong sales and earnings for the fourth quarter ending December 31, 2017 fueled by strong interest in its value promotions and new menu items.…
Following a limited-edition French macaron release last month, McDonald’s Japan is continuing to draw attention to its McCafe by Barista branches with a more unusual menu twist: popcorn drinks. Available at Japan’s 90 McCafe by Barista outlets from Friday,…
McDonald’s Indonesia has introduced the rendang burger to celebrate the country’s 72nd anniversary of independence and being the burger and fast-food lovers that we are, we just had to try it. After all, what better way to honor Indonesian culture than bring…
