Aiko TanakaFood
McDonald’s Supplier HyFun Plans USD 208 Million India IPO
The potato processor targets plant and cold-chain expansions across Indian agricultural hubs to meet growing fast-food demand.
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QSR
Every story tagged QSR on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged QSR
10 stories in this topic
Wei ZhangFood
McDonald’s Tests Third-Party Ads on Screens Across 13,700 US Stores
The fast-food chain is piloting post-order ads on drive-thru boards and kiosks after US comparable sales growth slowed to 0.8 per cent in the second quarter.
Rajiv MenonFood
Domino’s China Operator DPC Dash Adds 235 Stores as Revenue Hits RMB3.13 Billion
Net profit at the pizza franchisee rose 22.9 per cent to RMB81 million during the first half of the year as lower-tier city outlets drove transaction volumes.
Wei ZhangFood
Domino’s seeks to grow its slice of QSR following bumper year
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…
Maria SantosFood
QSR chain Pepper Lunch sold to J-Star
Japanese restaurant operator Pepper Food Service is selling its profitable Pepper Lunch chain to J-Star investment fund for US$79 million. The sale is expected to provide a much-needed cash injection to the debt-ridden Pepper Food business in the hopes of…
Wei ZhangFood
QSR starts selling in Foodpanda Malaysia platform
Malaysia’s largest fast-food operator QSR Brands is partnering with Foodpanda Malaysia to deliver its Pizza Hut and KFC orders, according to a Deal Street Asia report. The move is expected to increase food revenue for the firm by 15–20 per cent, and allow…
Maria SantosFood
Texas Chicken to open 80 more stores in Indonesia
Quick Service Restaurant (QSR) has signed an 80-restaurant deal with US fast-food chain Texas Chicken. QSR is the third Texas Chicken Indonesia master franchisee to enter the market, following Quick Serve Indonesia which signed a development agreement earlier…
Maria SantosFood
QSR and PETRONAS tie-up to open 50 new KFC drive-thru outlets
QSR Brands Holdings’ wholly owned subsidiary QSR Stores has signed a memorandum of understanding with Petronas Dagangan to gradually open 50 KFC Drive-Thru outlets at Petronas gas stations within the next three years. QSR Brands MD Mohamed Azahari Mohamed…
Sarah ChenFood
QSR Brands considering IPO
Malaysian fast-food group QSR Brands is mulling an IPO to raise around MR2 billion (US$509.6 million). QSR Brands operates the KFC and Pizza Hut restaurant franchises in Malaysia and is part owned by private equity firm CVC Capital Partners, which is looking…
Minjun ParkFood
PappaRich expands into Hong Kong
Malaysian restaurant chain group PappaRich has opened its first Hong Kong outlet, marking a strategic move in its Asian expansion by leveraging the city’s status as a ‘food paradise’ in the region. The PappaRich restaurant at the L-Square in Causeway Bay…