Yum China: appoint Huang jinshuan as the first chief customer officer and Wang Tao as the general manager of KFC

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

EU Conditionally Clears JD.com’s Takeover of CECONOMY

The European Commission conditionally approved JD.com’s（京东）proposed acquisition of German electronics retailer CECONOMY AG on November 3. The decision clears the transaction under the EU’s Foreign Subsidies Regulation and makes a set of ten-year commitments binding on the companies.

EU Introduces EUR 2 Handling Fee for Cross-Border E-Commerce Imports

The European Union introduced a EUR 2 handling fee on November 1 for consumer e-commerce goods imported from outside the bloc. The charge applies to each line item in an import customs declaration, including shipments valued above EUR 150.

YUMC: Digital Order and Food Delivery Business Boosts Sales in 3Q 2020

Yum China performed well in the third quarter as the catering industry was still working its way through a trough.

YUMC's Revenue Down 11% YoY in 2Q2020, of Which KFC Falls 10%

"Although the COVID-19 has brought uncertainty to the company's business, YUMC's footprint is expanding," said Joey Wat, the CEO of YUMC.