Headquarters: Shanghai, China
Founded: November 1, 2016
CEO: Ms. Joey Wat
USD as of April 1, 2022
Yum China Holdings, Inc. owns, operates, and franchises restaurants in China. The company operates through two segments, KFC and Pizza Hut. It operates restaurants under the KFC, Pizza Hut, Little Sheep, Huang Ji Huang, Lavazza, COFFii & JOY, Taco Bell, and East Dawning brands, which specialize in chicken, pizza, hot pot cooking, simmer pot, Italian coffee, specialty coffee, Mexican-style food, and Chinese food categories. The company also operates V-Gold Mall, a mobile e-commerce platform, which sells electronics, home and kitchen accessories, and other general merchandise, as well as fried rice, steak, pasta and other ready meals, and coffee capsules. In addition, it operates franchise restaurants under the KFC, Pizza Hut, Huang Ji Huang, Taco Bell, Little Sheep, East Dawning, Lavazza, and COFFii & JOY names. As of December 31, 2021, the company operated 11,788 restaurants in approximately 1,600 cities. Yum China Holdings, Inc. was incorporated in 2016 and is headquartered in Shanghai, China.
Yum China Holdings, Inc. (Chinese: 百胜中国; pinyin: Bǎishèng Zhōngguó) is a Chinese Fortune 500 fast-food restaurant company incorporated in the United States with operational headquarters in Shanghai, China. With US$ 9.5 billion in revenue and 10,600 restaurants worldwide it is one of the largest restaurant companies. It was spun off from Yum! Brands in 2016, becoming an independent, publicly traded company on November 1, 2016. Yum China is a trademark licensee of Yum Brands, paying 3% of total systemwide sales to Yum Brands. It operates 8,484 restaurants in over 1,100 cities located in every province and autonomous region in Mainland China. It has a workforce of 450,000 employees.
Source: Wikipedia, retrieved on March 31, 2022, 9:08 p.m.
Joey Wat, CEO
Revenue: US$8.415 billion (2018)
Operating income: US$941 million (2018)
Net income: US$708 million (2018)
Total assets: US$$4.61 billion (2018)
Total equity: US$2.873 billion (2018)