Caixin
Company Index
McDonald
McDonald
NEWS
company-info
Onetime locations of the iconic burger joint have reopened under a new name and ownership, bringing crowds back to restaurants that were empty for months due to the U.S. fast food giant’s exit from Russia. On Sunday, 15 outlets reopened under the name Vkusno & Tochka, meaning ‘tasty and that’s it.’ Alexander Nikolaevich Govor, the owner of the brand, hopes to resume business in all 850 former McDonald’s locations in the near future
Jun.14 2022 20:31 PM
company-info
While McDonald’s logos and signs were being taken down from its former restaurants in Russia, coffee giant Starbucks announced it would also leave the country due to the Russia-Ukraine war. The chain entered Russia in 2007 and had 130 locations across the country
May.26 2022 19:34 PM
company-info
How foods are flavored differently in various regions makes for a good economics topic
Oct.14 2021 20:11 PM
company-info
This week’s top stories were led by more major defaults, including more fallout from a state-owned miner’s missed payment. Meantime, McDonald’s has become the latest to eye China’s premium coffee market with plans to open McCafes at all its stores nationwide
Nov.21 2020 09:30 AM
company-info
Fast food giant plans to spend $380 million over next three years to place 4,000 upscale McCafes inside its China stores
Nov.18 2020 19:02 PM
company-info
BMW and McDonald’s sign partnerships in time to join expanding e-commerce universe for Double 11 sales event Nov. 11
Oct.28 2020 03:28 AM
company-info
Dr. Calvin Sun describes how the city’s health care system is straining under the surging numbers of Covid-19 cases, as patients are coming in sicker and younger
Apr.5 2020 20:08 PM
company-info
Swedish furniture giant says it will close all of its 33 Chinese outlets as nation mobilizes to fight the spreading disease
Jan.30 2020 20:55 PM
company-info
Plus, troubled Baoshang Bank gets a problem solver, Luckin plans fundraising to fuel expansion, and Douyin tops 400 million daily active users
Jan.9 2020 09:28 AM
company-info
State-owned conglomerate is looking for buyers for a 22% stake in the fast food giant’s China operation
Jan.8 2020 15:52 PM
company-info
Tie-up between SF, Havi shows consumer demand for cold products heating up
Aug.13 2018 18:24 PM
company-info
Wern-Yuan Tan becomes fourth boss in seven years after less than one year with the company
Feb.26 2018 19:16 PM
company-info
Investment firms that recently bought 2,700 McDonald's restaurants have renamed the Chinese operator Golden Arches
Oct.26 2017 16:42 PM
company-info
Burger giant inks new property-group deal to serve up thousands of new locations within five years
Sep.26 2017 16:22 PM
company-info
Fast-food leader makes statement after market is absent from first group for company program to reduce antibiotic use in animals
Aug.25 2017 18:31 PM
company-info
New York chain eyes 25 outlets in eastern China by 2028
Aug.21 2017 17:49 PM
company-info
Company says it will reach 4,500 locations in country by 2022 in new partnership with Citic, Carlyle
Aug.9 2017 18:26 PM
company-info
Spinoff for $2.08 billion is part of U.S. burger chain’s strategy of switching to asset-light, franchise-focused model
Aug.5 2017 05:15 AM
company-info
SEIU launches website aimed at protecting Chinese franchisees that could be adversely affected by fast-food giant’s sale of its self-owned local stores to two partners
Jun.12 2017 14:42 PM
Dining giants say smartphone-based transactions now account for a third or more of their local business, fueled by tech-savvy consumers
May.16 2017 18:36 PM