Even as the deliveries drum up sales, they eat into margins because Yum China subsidizes them in ⁠an arrangement with the tech companies. Ding said margins would have shrunk ⁠ ...

KFC has opened its 10,000th China store in Hangzhou, and plans to accelerate net new openings to about 1,200 annually over the next three years The chain has bounced back strongly post-pandemic, but ...

KFC is one of the world's largest restaurant chains, with more than 29,000 locations and a new outlet opening every three and a half hours, according to Yum! Brands. But while much of the brand's ...

Yum China Holdings, Inc. YUMC achieved a significant milestone in KFC China's 36-year growth journey with the opening of its 10,000th store. Nestled in Hangzhou, the new store is situated along the ...