Yum China

Yum China

Chinese fast-food restaurant chain

Yum China Holdings, Inc. is a Chinese Fortune 500 fast-food restaurant company based in Shanghai, China. With US$11.797 billion in revenue and 18,737 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 290,000 employees. Since the stock is listed on the New York Stock Exchange, the company has an office in Plano, Texas, for SEC filings.

Also known as...Yum China Holdings, Inc.
Business
Yum Brands Sells Pizza Hut for $2.7 Billion

Yum Brands Sells Pizza Hut for $2.7 Billion Yum Brands is selling Pizza Hut for $2.7 billion to focus on KFC and Taco Bell as the chain faces outdated stores and competition.