USEUROPEAFRICAASIA 中文双语Français
Home / Business

Big Mac may go cold as Yum snags Alibaba deal

By Bloomberg | China Daily | Updated: 2016-09-07 07:27

Both US companies realize local partners and franchising are the way forward

KFC's partnership with an Alibaba affiliate puts the pressure on the Golden Arches in China more than ever.

By allying with a backer of the country's top food delivery website, KFC owner Yum! Brands Inc has taken a step toward solving the dilemma of slowing growth in its biggest market outside the United States. It's a deal that McDonald's Corp, the Big Mac maker that is also in the throes of selling its China business, will do well to match.

Big Mac may go cold as Yum snags Alibaba deal

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US