Carlyle and Yum China in race to acquire Jardine Matheson’s restaurant unit
Carlyle Group and Yum China Holdings are competing to purchase Jardine Matheson’s restaurant division, which operates KFC and Pizza Hut…
12 May 2026
Square rolls out integrated drive-through system for QSR operators
Technology company Square has introduced a new drive-through solution that combines order capture, kitchen coordination and customer handoff in one workflow for quick-service restaurants (QSRs). The Square for Drive-Thru tool…
12 May 2026
PF Chang’s and Foodja to jointly widen reach in workplace catering
American casual-dining restaurant chain PF Chang’s has partnered with corporate catering platform Foodja to expand its presence in office and employee dining in the US. Under the deal, businesses will…
12 May 2026
Papa Johns partners with Wing for drone deliveries in North Carolina
US-based pizza restaurant chain Papa Johns has partnered with Alphabet-owned company Wing to pilot drone deliveries in Charlotte, North Carolina, US. The trial is beginning with orders placed exclusively through…
11 May 2026
Prosus to sell 5% stake in Delivery Hero to Aspex for $394m
Dutch investment group Prosus has agreed to divest an additional portion of its holding in Delivery Hero, signing a deal to transfer a 5% interest to Aspex Management. Under the…
11 May 2026
Starbucks opens first store in Puerto Varas, Chile
Starbucks Chile has opened its first coffeehouse in Puerto Varas, run under a licensing agreement with Alsea. The coffee chain added that the new venue was built using a sustainability-focused…
11 May 2026
Inspire Brands prepares to go public with confidential US IPO filing
Restaurant chain parent company Inspire Brands has submitted a confidential application for an initial public offering (IPO) to the US Securities and Exchange Commission (SEC). The company has not specified…