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South Korean fashion chain GoPizza has launched its first physical location in Indonesia as part of a broader Asian expansion plan. This brand’s first direct-to-consumer store in Indonesia is located in Jakarta. It follows the opening of a small store inside…
Popular US-based pizza chain Papa John’s has partnered with PJP Investments Group to expand in India. It plans to open 650 outlets in the country by 2033. The first of these restaurants will be opened in Bengaluru in 2024. Papa John’s had forayed into India…
Domino’s Pizza Enterprises is raising to $165 million in fresh capital as it moves to full ownership of its pizza business in Germany, seven years after it made a foray into that market in a joint venture with its British stablemate. The Australian-listed…
Domino’s Pizza Enterprises is set to acquire the balance of its German joint venture operations for $150 million. The acquisition will be funded by an institutional placement of about 2.3 million new shares at $66.38 per share, indicating strong support from…
South Korea-based pizza chain GoPizza has bagged US$25 million in a series C funding round to fuel its expansion plan in India. The round was co-led by GS Ventures, CJ Investment, Mirae Asset Securities, NCore Ventures, Woori Bank, Capstone Partners, Big…
Velocity Ventures, Southeast Asia’s leading venture capital firm focused on helping travel and hospitality solve industry challenges will be the anchor investor for Hyper Food Robotics (Hyper), an Israel-based firm that will debut its first fully autonomous…
Domino’s Pizza Malaysia is set to become part of the largest Domino’s network outside of the United States (US) via a proposed acquisition by Domino’s Pizza Enterprises Ltd (DPE). DPE is an Australian-based group that operates more than 3,400 Domino’s stores…
Pizza 4Ps racked up a net loss of VND38 billion ($1.66 million) last year, as it struggled to recover from Covid-19 hits. The chain, produces pizzas, cheese and other dairy products, had posted its first ever loss of VND20.8 billion in 2020. Before the…
The operator of Domino’s Pizza in China, DPC Dash, has filed for Hong Kong stock exchange listing to expand its footprint in China. However, it was not clear how much the company was aiming to raise in its Hong Kong listing. The company is currently Domino’s…
The pizza chain plans to open over 1,350 stores in South China by 2040 in partnership with the Asian private equity firm FountainVest Partners, it said on Friday. The deal will increase Papa Johns’s current global count by 25%, and marks the largest…
For many, March and April 2020 came with plummeting sales and a scramble to pivot operations. Domino’s was not a part of that crowd—not by a long shot. From April 20 to May 17 last year, same-store sales lifted 20.9 percent at U.S. franchises and 22 percent…
California Pizza Kitchen (CPK) – creator of California-style pizza – today announced the grand opening of its new restaurant in Hong Kong in partnership with Chun Fat Enterprise Limited. With over 27 years of serving guests in the Hong Kong market, the new…
Fast food company Domino’s Pizza Enterprises is to acquire Domino’s Taiwan as part of its global expansion plan. The company has entered a binding agreement with Formosa International Hotels under which Domino’s will buy the Taiwan operation for $79 million…
Domino’s Pizza Inc and Nuro Inc, a Silicon Valley startup, said on Monday they will launch a robotic pizza delivery service in Houston this week as they seek to satisfy increasing online orders during the pandemic. With small, low-speed vehicles to carry…
US pizza chain Papa John’s is launching in Cambodia with 15 restaurants scheduled to open during the next three years. The company opened its flagship store in Phnom Penh last month. “Papa John’s Cambodia team is truly passionate about pizza,” said Peter Xu,…
The openings in Salt Lake City, Manila, and Daegu, South Korea, mark the beginning of CPK’s emergence from Chapter 11 bankruptcy. Los Angeles-based California Pizza Kitchen (CPK) has opened new franchise locations in Salt Lake City as well as Manila,…
