Yum 'in talks to buy' food delivery company

Yum China Holdings Inc is in talks to buy food delivery services firm Daojia.com for up to $200 million, two people familiar with the matter told Reuters, as the biggest operator of fast food on the mainland seeks to boost sales from customers dining at home.

Yum China has long-term ambitions to triple its outlets in Chinese mainland to more than 20,000, but as dining habits change in the world's fastest growing major economy, food delivery is also becoming a crucial area for restaurant operators to improve sales.

The sources warned that discussions are at an early stage and a deal isn't imminent.