Yum China

Yum China Holdings Inc. (Chinese: 百胜中国; pinyin: Bǎishèng Zhōngguó) is an American Fortune 500[4] fast-food restaurant company incorporated in the United States and is headquartered in Shanghai, China.[5][6][7][8] With US$6.8 billion of revenue in 2016 and over 7,600 restaurants, it is one of the largest restaurant companies in China. Spun off from Yum! Brands in 2016, it became an independent, publicly traded company on November 1, 2016. It operates 8,484 restaurants in over 1,100 cities and towns located in every province and autonomous region in Mainland China, and has a workforce of 450,000 employees.[9][10]

Yum China Holdings, Inc.
Public
Traded asNYSE: YUMC
Russell 1000 Component
ISINUS98850P1093
IndustryRestaurants
PredecessorYum! Brands 
FoundedNovember 1, 2016 (2016-11-01)
Headquarters
Shanghai, China (Operational), Plano, Texas United States (Global)
Number of locations
8,484 (2018)
Area served
China
Little Sheep: Canada, Japan, Indonesia, United States
Key people
Joey Wat, CEO
Revenue US$8.415 billion (2018)[1]
US$941 million (2018)[1]
US$708 million (2018)[1]
Total assets US$$4.61 billion (2018)[1]
Total equity US$2.873 billion (2018)[1]
Number of employees
450,000[2] (2018)
DivisionsEast Dawning
Little Sheep
Websitewww.yumchina.com/en
Footnotes / references
[3]
Yum China
Traditional Chinese百勝中國控股有限公司
Simplified Chinese百胜中国控股有限公司

History

Initial foray into China
Main article: KFC in 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 [11]; it took effect 1 November 2016.[12]

Yum China abroad

Yum China has a subsidiary company, Little Sheep, with locations in Canada, Indonesia, Japan, and in the United States. There are twenty-nine locations in nine US states, mostly in California, nine locations in Canada provinces, seventeen in Japan, and one in Jakarta, Indonesia.[13]

Corporate affairs

The headquarters is in the Yum China Building (Chinese: 百胜中国大厦; pinyin: Bǎishèng Zhōngguó Dàshà) in Xuhui District.[14]

References
  1. "Yum China 10-K". Retrieved June 18, 2017.
  2. "Yum China Holdings". Fortune. Retrieved December 21, 2018.
  3. http://services.corporate-ir.net/SEC/Document.Service?id=P3VybD1hSFIwY0RvdkwyRndhUzUwWlc1cmQybDZZWEprTG1OdmJTOWtiM2R1Ykc5aFpDNXdhSEEvWVdOMGFXOXVQVkJFUmlacGNHRm5aVDB4TWpjME1EUXdOaVp6ZFdKemFXUTlOVGM9JnR5cGU9MiZmbj1ZdW1DaGluYUhvbGRpbmdzSW5jLnBkZg==
  4. "Yum China on the Fortune 500". Fortune. Retrieved June 18, 2017.
  5. "Contact Us". www.yumchina.com.
  6. "Overview-Yum China". www.yumchina.com.
  7. "Office Tour: Yum China Offices – Shanghai". Office Snapshots. May 15, 2018.
  8. Inc, Yum China Holdings. "New Yum China Building Opens in Shanghai". www.prnewswire.com.
  9. http://fortune.com/fortune500/list/filtered?sortBy=employees&first500
  10. "Overview-Yum China". www.yumchina.com.
  11. "Yum! Brands announced that it intends to separate into two independent, publicly-traded companies." Company news release, 20 October 2015.
  12. "Yum.com – 404". www.yum.com.
  13. "Locations".
  14. "Contact Us". Yum China. Retrieved April 26, 2019. 20 Tianyaoqiao Road, Shanghai 200030, P. R. China - Address in Chinese: "上海市天钥桥路20号百胜中国大厦 邮编：200030 "
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