US fast-food chain Burger King will rapidly expand its China operations in coming years, its parent company said, selling its controlling stake to form a new joint venture powered by hundreds of ...

Both US corporations have handed over control of their business to local partners to keep up presence in a market that is becoming less friendly ...

Burger King is aiming to grow its footprint in China from approximately 1,250 today to more than 4,000 by 2035. To facilitate this expansion, parent company Restaurant Brands International has signed ...

RBI acquires partners' equity stakes and will identify a new local operating partner Transaction shows commitment to drive long-term growth in China As a result, RBI now owns nearly 100% of the ...

(AP) Diners who go to a Burger King in China can now expect to be served Pepsi, rather than the Coke they get at the fast-food chain in the United States. PepsiCo Inc. says it struck a deal to serve ...

As per the terms, a wholly owned Burger King China affiliate will enter a 20-year master development agreement, securing exclusive rights to grow the brand in China. The deal is expected to close in ...

RBI International CEO Josh Kobza had plenty of positive remarks on Burger King’s performance internationally. He recalled a recent trip to Japan, where he firsthand saw “dramatically” improved ...

With its new Burger King China venture, the fast-food chain aims to double its number of stores in the country within five years - Copyright AFP/File WANG Zhao With ...