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Yum China Surpasses 20,000 Stores and Targets 30,000 Within Four Years
Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has hit the 20,000-store milestone, spanning over 2,800 cities and towns across China, as it celebrates the 10th anniversary of its listing on the New York Stock Exchange.
The Company celebrated this milestone with over 10,000 restaurant general managers (RGMs) at its annual RGM convention. This year's event was held in Chengdu, a vibrant city renowned for its rich culinary culture. The occasion...
Yum China Completes the Acquisition of Ownership of the Pizza Hut Brand in Mainland China
Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has completed the acquisition of the ownership of the Pizza Hut brand in Mainland China from Yum! Brands, Inc. ("Yum! Brands") (NYSE: YUM) for US$1.2 billion.
The acquisition was first announced on June 16, 2026.
Joey Wat, CEO of Yum China, said, "Becoming the owner of the Pizza Hut brand in Mainland China is a major breakthrough for us, after operating the brand in the...
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