McDonald’s China and COLI Sign Property Cooperation Agreement in Shenzhen

McDonald’s China inked on Monday [25 September 2017] a strategic cooperation agreement with China Overseas Land and Investment Ltd. (COLI), enabling the fast food chain to expand into more commercial complexes in over 60 cities across the country, and further tapping into the market of China’s third- and fourth-tier cities…Full Article: ECNS.cn Sept 2017 Key

McDonald’s China Will Not Eliminate High-Value Antibiotics from its Chicken Supply Chain

China is omitted from a list of countries in which McDonald’s is aiming to eliminate the use of high-value human antibiotics in its chickens by January 2018 because of the different laws and agricultural conditions there, the fast-food giant told CGTN on Thursday [24 August 2017]. Joining a broader global battle against superbugs, McDonald’s announced

CITIC and Carlyle Group Complete Acquisition of McDonald’s China

The year-long auction of McDonald’s business in China has finally come to an end as state-owned enterprise Citic Ltd. announced the purchase was officially completed on July 31st. The purchase marks the US food giant’s largest franchise business overseas, with its 2,700 stores being run by the purchasers…Full Article: ECNS.cn Aug 2017 Key Point The

Beijing-based Hejun Vanguard Group Files Two Complaints against the Sale of McDonald’s China

A Chinese consultancy that has previously helped win antitrust battles against Coca-Cola and Apple has taken aim at McDonald’s Corp, arguing in a complaint to regulators that the US-based fast-food giant’s China sale may hurt workers and consumers. McDonald’s said last month that it had agreed to sell the bulk of its Chinese mainland and

Taco Bell to Relaunch in Mainland China with More Hot Food Options and New Special Sauces

Taco Bell, the Mexican-themed chain under Yum Brands Inc, is making a comeback in the Chinese mainland to test diners’ appetite for nachos. The latest drive marks a test for Yum China Holdings-which operates household names such as KFC and Pizza Hut and has just become independent through an initial public offering-toward its goal of

Hong Kong’s CITIC and USA’s Carlyle Group Acquire an 80% Stake in McDonald’s China

Fast-food chain McDonald’s Corp announced on Monday [9 January 2017] the sale of 80 percent of its Chinese mainland and Hong Kong operations to a consortium including CITIC Ltd and Carlyle Group LP. The move will help it expand amid growing competition, but analysts warned challenges remain…Full Article: China Daily Jan 2017 Key Point As

Kentucky Fried Chicken Restaurant in Beijing Launches Baidu-designed AI Machine to Help Customers Order Food

Kentucky Fried Chicken launched its first artificial intelligence-enabled store in Beijing on Friday, and the fast-food chain said it plans to further expand its layout of smart restaurants, creating more innovative and interesting dining experiences for customers. With the cooperation of Baidu Inc, China’s largest search engine, KFC started its first smart restaurant in the

McDonald’s China Plans to Go Digital in 2017

McDonald’s unveiled an upgraded online-to-offline (O2O) strategy in the Chinese mainland over the weekend, aiming to link more stores to digital hardware and personalized products across the nation. According to the plan, the strategy is customer-focused and digital-driven, and customers can experience digital ordering, touch-screen services and mobile payments. Further, customers can enjoy personalized products,