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Tag: china

Food

China’s Fastest Growing Hotpot Chain Just Minted Two Billionaires

5 years ago

We've regularly argued for the power of the "experience" in restaurants. We still don't think that is the same thing as "cooking your own meal," but it is hard to argue with the market's response. We will still argue it's not sustainable long term.

Chains

Yum China’s Bet on AI and Robot Servers Is Beginning to Pay Off

6 years ago

Not to pile on Pizza Hut, but it's telling that the Yum brands that are resonating with Chinese diners are the same ones connecting with those in the U.S.: KFC and Taco Bell.

Chains

Tim Hortons Expands to China

6 years ago

Tim Hortons is hoping to differentiate itself in China by offering shrimp sandwiches and salads along with its regular coffee menu, but we'd be willing to bet a shrimp sandwich that Tim Hortons isn't going to lure consumers away from Starbucks or Luckin.

Chains

Starbucks Will Open an All-Day Restaurant in Shanghai

6 years ago

Starbucks' renewed focus on China comes as it has rethought strategies in other global markets. Where laissez faire works in Europe, it doesn't in China.

Chains

Starbucks No Longer Dominates the Coffee Market in China

6 years ago

One-year-old startup Luckin' Coffee is making huge gains in China with an easy, straightforward strategy: sell cheaper coffee than Starbucks and be consistently faster on pick-up and delivery.

Chains

Starbucks’ Primary China Competitor Luckin Coffee Is Growing Fast

6 years ago

You have to almost feel sorry for Starbucks here: Can they really match a Chinese company for digital and delivery smarts? Few foreign brands can.

Chains

China’s Hotpot Giant Will Use Robots for Orders and Serving

6 years ago

Haidilao has mastered both logistics and customer service in ways that are the envy of any industry. If they can make automation work at scale, a number of of chains will seek to replicate its success.

Tech

China’s Restaurant Delivery Boom Is Not Sustainable

6 years ago

As in the U.S., Chinese delivery services depend on two things that aren't sustainable: outside money and a labor pool that's too tenuous to be stable.

Chains

China’s Dominant Hotpot Chain Is Planning for an IPO

6 years ago

Brands in other markets look to China and covet the massive growth opportunities for chain restaurants.

Chains

Yum China Rejected a Very Generous Buyout Deal

6 years ago

A 28% premium to last close is nothing to scoff at and reject out of hand. Management must have a lot of confidence or hubris that they will get back there.

Chains

China Sovereign Fund Pushes $13 Billion Yum China Takeover

6 years ago

Yum China has less than a fourth of the number of restaurants as its U.S. sibling, but it's market cap is more than half of it, which points to the optimism for its growth in a market that, unlike the U.S., is not completely oversaturated.

Chains

Starbucks Partners With Alibaba to Roll Out Delivery in China

6 years ago

Starbucks is betting that this partnership will help triple the coffee chain's revenues in the country in the next five years. The power of delivery is not to be underestimated here.

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