Yum China Holdings, Inc. history, profile and corporate video
Yum China Holdings, Inc. is a fast-food restaurant company incorporated in the United States with operational headquarters in Shanghai, China.
In 2016, Yum China was spun off from Yum! Brands, Inc. and became an independent publicly traded company on the New York Stock Exchange (NYSE).
In 2020, Yum China was secondary-listed on the Hong Kong Stock Exchange (HKEX).
Following the separation from Yum! Brands, Yum China has the exclusive right to operate and sub-license the KFC, Pizza Hut and Taco Bell brands in China, and also owns the East Dawning, Little Sheep, Huang Ji Huang and COFFii & JOY concepts outright. The company also partners with Lavazza to develop the Lavazza coffee shop concept in China.
BRANDS
- KFC (over 8,100 KFC restaurants in over 1,600 cities across China) – the first KFC in China opened in Beijing in 1987;
- Pizza Hut (over 2,500 Pizza Hut restaurants in over 600 cities) – the first Pizza Hut restaurant in China opened in Beijing in 1990;
- East Dawning (5 restaurants across China) – a Chinese food quick-service restaurant brand; first opened in 2005;
- Little Sheep (over 240 China and internationally) – a hot pot restaurant in China, originally established in Inner Mongolia in 1999;
- Taco Bell (over 35 restaurants across China) – the first Taco Bell restaurant in China opened in Shanghai in 2016;
- COFFii & JOY (over 35 COFFii & JOY units in China) – a new coffee concept developed by Yum China in 2018, featuring specialty hand-dripped coffee;
- Huang Ji Huang (over 600 restaurants in China and internationally) – a Chinese-style casual dining franchise restaurant brand, founded in 2004 in Beijing.
With more than 450,000 employees and over 11,000 restaurants in over 1,600 cities across China, Yum China Holdings, Inc. is considered one of China’s largest restaurant companies. According to Forbes, it is considered one of the Largest Public Companies in the World.
*Information from Forbes.com, Wikipedia.org, and ir.yumchina.com.
**Video published on YouTube by “YUM China IR“.