(Note: This is an edited translation based on the cover profile of Beijing-headquartered Harvest Capital founder Alan Song in the December issue of Forbes China.) China's largest restaurant chains ...
When people think of “McDonald’s,” they think of delicious fries, burgers and ice cream machines that don’t work. But they also acknowledge, on some level, that McDonald’s is the fast food chain, the ...
SINGAPORE—It sells ice cream and sugary drinks for under $1. Its mascot looks like the love child of Frosty the Snowman and the Michelin Man. And its stores relentlessly blare a jingle set to the tune ...
Russo shifts from Australia, where he was CEO, to Hong Kong. Other changes at McDonald's China Development Corporation (CDC) include the employment of Gary Rosen to the role of China marketing ...
MCD's 4Q24 is likely to be pressured by a combination of E. coli impact and weakness in the GCC region and China. China's competitive environment remains intense, with a combination of price deflation ...
US chain McDonald's has apologised after a sign telling black people they were banned from entering a branch in southern China prompted outrage online, following reports of discriminatory treatment ...
Chinese private equity firms HSG and CPE are reportedly both in the running to acquire a controlling stake in Burger King's ...
McDonald’s Corporation (NYSE:MCD) shares are trading higher on Wednesday. The company reported second-quarter adjusted earnings per share of $3.19, beating the analyst consensus estimate of $3.14.
After a challenging 2024 that included four straight quarters of same-store sales declines, Starbucks is no longer the world’s most valuable restaurant brand, according to a new “Restaurants 25 2025” ...
Boyu Capital will form a joint venture with the coffee chain to grow the brand from 8,000 units in the country to 20,000 over ...
SHANGHAI (Reuters) - U.S. fast food giant McDonald's Corp is getting a name change in China - at least on paper. The firm will change its registered business name to "Golden Arches (China) Co Ltd", a ...
The chicken may be "finger-lickin' good," but it may not be fresh: A meat processer to McDonald's and KFC in China has been accused of supplying rotting meat and repackaging expired products with new ...