Yum China Holdings, Inc. () is a Chinese

Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along ...

fast-food restaurant A fast-food restaurant, also known as a quick-service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food, fast-food cuisine and has minimal Foodservice#Table service, table service. The food served ...

company based in

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flow ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...

. With US$9.5 billion in revenue and 10,600 restaurants worldwide it is one of the largest restaurant companies. It was spun off from

Yum! Brands Yum! Brands, Inc. (or Yum!), formerly Tricon Global Restaurants, Inc., is an American fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the br ...

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 "Mainland China" is a geopolitical term defined as the territory governed by the People's Republic of China (including islands like Hainan or Chongming), excluding dependent territories of the PRC, and other territories within Greater China. ...

. It has a workforce of 450,000 employees. Since the stock is listed on the New York Stock Exchange, the company has an office in Plano, Texas for

SEC filings The SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings. Investors and financi ...

History

Initial foray into China

Spinoff

On October 25, 2015, Yum! Brands announced that it intended to separate into two independent, publicly traded companies by spinning off Yum China; it took effect 1 November 2016.

Brands

Yum China has several subsidiary brands, including

KFC KFC (Kentucky Fried Chicken) is an American fast food restaurant chain headquartered in Louisville, Kentucky, that specializes in fried chicken. It is the world's second-largest restaurant chain (as measured by sales) after McDonald's, with 2 ...

Taco Bell Taco Bell is an American-based chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California. Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, includi ...

Pizza Hut Pizza Hut is an American multinational restaurant chain and international franchise founded in 1958 in Wichita, Kansas by Dan and Frank Carney. They serve their signature pan pizza and other dishes including pasta, breadsticks and dessert at d ...

, COFFii & JOY a coffee bar launched in 2018, Huang Ji Huang a casual dining franchise,

East Dawning East Dawning (, Dongfang Jibai) is Yum China's fusion of the KFC business model with Chinese cuisine. Chinese food is served exclusively, but the chain focuses on the elements of Chinese cuisine that are more quickly and easily prepared. This ex ...

a Jiangnan cuisine fast food franchise and

Little Sheep Little Sheep Group Limited is a company that was founded in 1999 in Baotou, Inner Mongolia, China. It specializes in operating hot pot restaurants, condiments, and meat processing. Little Sheep currently has over 300 chain restaurants in China, ...

. Little Sheep has around 200 restaurants in China, twenty-nine in nine US states, mostly in

California California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territori ...

, seventeen in

Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...

, nine in

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

and one in

Jakarta Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta ...

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...

. Number of units 2022: * 8,441 KFC * 2,679 Pizza Hut * 997 Little Sheep, East Dawning, Taco Bell, Huang Ji Huang, COFFii & Joy, Lavazza, and Shaofaner.

Corporate affairs

The headquarters is in the Yum China Building () in

Xuhui District Xuhui District is a core urban district of Shanghai. It has a land area of and a population of 982,200 as of 2008. The Xuhui District is named after its namesake, the historic area of Xujiahui. Xujiahui was historically land owned by Ming dyna ...

.
Address in Chinese
"上海市天钥桥路20号百胜中国大厦邮编：200030 "

References

External links

* {{Authority control, state=expanded Companies listed on the New York Stock Exchange Companies listed on the Hong Kong Stock Exchange Corporate spin-offs Companies based in Shanghai Restaurants established in 2016 Yum! Brands