Da Niang Dumplings Holdings Limited or Jiangsu DaNiang Dumpling Co., Ltd, doing business as Da Niang Dumpling (DND; ), is a Chinese fast food restaurant chain headquartered in
Tianning District,
Changzhou,
Jiangsu.
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. Da Niang Dumpling. Retrieved on September 9, 2014. "Add: No. 7 Gucun, Changhzou City, Jiangsu Province"
: "地址：江苏省常州市古村7号 邮编：213003" It is the largest dumpling store chain in Mainland China.
. CVC Capital Partners
CVC Capital Partners is a Luxembourg-based French private equity and investment advisory firm with approximately US$133 billion of assets under management and approximately €157 billion in secured commitments since inception across American, E ...
. Retrieved on September 9, 2014. The logo states "Wu Da Niang" ).
History
The company was founded in April 1996.
[
In 2012 there were 424 restaurants. By 2013 the number grew to 514.][No 9 Jiangsu Da Niang Dumpling Co Ltd]
. '' China Daily''. July 28, 2014. Retrieved on September 9, 2014. At the end of 2013 the company had a total of over 440 locations in 90 Mainland Chinese cities.[ In 2013 the company had over 1.5 billion ]renminbi
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. ...
(US$244 million) in sales.[Song, Jing.]
CVC loving China consumer growth story
"
Archive
. ''FinanceAsia
''FinanceAsia'' is a Hong Kong-based publication reporting on Asia’s financial and capital markets through a daily website and monthly magazine. At the end of 2005, ''FinanceAsia'' was acquired by Haymarket Group, the largest privately owned pub ...
''. 18 March 2014. Retrieved on 9 September 2014.
CVC Capital Partners
CVC Capital Partners is a Luxembourg-based French private equity and investment advisory firm with approximately US$133 billion of assets under management and approximately €157 billion in secured commitments since inception across American, E ...
bought the company from its founder in December 2013.[ In 2014 the company was ranked No. 9 in '' China Daily's " Top 10 fast-food chains in China".][
]
References
External links
Da Niang Dumpling
Da Niang Dumpling
Companies based in Changzhou
Restaurants established in 1996
1996 establishments in China
Fast-food chains of China
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