Dunkin' Donuts in deal to open 1,400 new stores in China
By Associated Press | China Daily | Updated: 2015-01-09 09:30
Dunkin' Donuts said on Wednesday that it had reached a deal to open more than1, 400 locations in China over the next 20 years.
The cha in said in an email there are 16 Dunkin' Donuts locations in the country.
Parent company Dunkin' Brands Group Inc, which is based in Canton, Massachusetts, said it has entered into a master franchise agreement with Golden Cup Pte Ltd. The group is a joint venture between Jollibee Worldwide Pte Ltd, based in the Philippines, and Jasmine Asset Holding Ltd, a unit of RRJ Capital Master Fund II, LP.
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