{"id":1804,"date":"2025-11-11T12:32:47","date_gmt":"2025-11-11T12:32:47","guid":{"rendered":"https:\/\/inernews.online\/?p=1804"},"modified":"2025-11-11T12:32:47","modified_gmt":"2025-11-11T12:32:47","slug":"burger-king-to-more-than-triple-outlets-in-china-under-joint-venture-plan-food-news","status":"publish","type":"post","link":"https:\/\/inernews.online\/?p=1804","title":{"rendered":"Burger King to more than triple outlets in China under joint venture plan | Food News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p class=\"article__subhead\"><em>Fast-food chain aims to expand to more than 4,000 locations in China under deal with Beijing-based private equity firm.<\/em><\/p>\n<\/div>\n<div>\n<div class=\"byline byline--single-avatar\">\n<div class=\"avatars-container\">\n<div class=\"responsive-image\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.aljazeera.com\/wp-content\/uploads\/2020\/09\/jp-1730786685-rotated.jpg?resize=96%2C96&amp;quality=80 96w\" sizes=\"(max-width: 96px) 96px, 96px\" aria-hidden=\"true\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"article-dates\">\n<p><span class=\"screen-reader-text\">Published On 11 Nov 2025<\/span><span aria-hidden=\"true\">11 Nov 2025<\/span><\/p>\n<\/div>\n<div class=\"rich-share\" data-testid=\"rich-share\">\n<div class=\"rich-share__wrapper\">\n<div class=\"rich-share__button-wrapper\"><button class=\"rich-share__button row\" aria-expanded=\"false\"><\/p>\n<p>Click here to share on social media<\/p>\n<p><svg class=\"icon icon--share2 icon--primary icon--16 \" viewbox=\"0 0 20 16\" version=\"1.1\" aria-hidden=\"true\"><title>share2<\/title><path fill=\"#000\" fill-rule=\"evenodd\" d=\"M11.688 9.048c-.659 0-1.252.282-1.673.733l-4.92-2.45c.016-.115.028-.232.028-.352 0-.117-.011-.23-.027-.343l4.913-2.423a2.285 2.285 0 0 0 1.68.739C12.964 4.952 14 3.899 14 2.6 14 1.302 12.965.25 11.688.25S9.377 1.302 9.377 2.601c0 .117.01.23.027.343L4.49 5.367a2.285 2.285 0 0 0-1.68-.739C1.536 4.628.5 5.681.5 6.979c0 1.299 1.035 2.35 2.312 2.35.659 0 1.252-.281 1.673-.731l4.92 2.45a2.357 2.357 0 0 0-.029.351c0 1.299 1.035 2.351 2.312 2.351S14 12.698 14 11.399s-1.035-2.35-2.312-2.35Z\" clip-rule=\"evenodd\"\/><\/svg><\/button><\/p>\n<p class=\"rich-share__social-text\">Share<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div aria-live=\"polite\" aria-atomic=\"true\">\n<p>Burger King plans to more than triple the number of its restaurants in China within a decade under a new joint venture with a local partner, the fast-food giant says.<\/p>\n<p>The joint venture, Burger King China, will receive $350m in investment from the private equity firm CPE under a plan to drive the brand\u2019s expansion, parent company Restaurant Brands International (RBI) said in a statement on Monday.<\/p>\n<section class=\"more-on\">\n<h2 class=\"more-on__heading\">Recommended Stories<!-- --> <\/h2>\n<p><span class=\"screen-reader-text\">list of 4 items<\/span><span class=\"screen-reader-text\">end of list<\/span><\/section>\n<p>Under the deal, the fast-food chain will seek to expand to more than 4,000 locations in China by 2035, up from roughly\u00a01,250 at present.<\/p>\n<p>Once the tie-up is completed, Beijing-based CPE will hold a stake of about 83 percent in the company with RBI retaining an approximately 17 percent stake along with a seat on the board of directors.<\/p>\n<p>RBI CEO Joshua Kobza said the deal would unlock Burger King\u2019s \u201cfull potential\u201d in China.<\/p>\n<p>\u201cChina remains one of the most exciting long-term opportunities for Burger King globally,\u201d Kobza said in a statement.<\/p>\n<p>\u201cOur recent investments and this joint venture underscore our confidence in the Chinese market.\u201d<\/p>\n<p>Burger King entered the Chinese market in 2005, opening its first outlet opposite a Buddhist temple in downtown Shanghai.<\/p>\n<p>But the burger chain, founded in 1953 in Jacksonville, Florida, under the name Insta-Burger King, has struggled to match the success of its United States-based rivals such as McDonald\u2019s and KFC.<\/p>\n<p>KFC had more than 12,600 restaurants in China as of September while McDonald\u2019s operated about 6,800 outlets in the country last year, according to company data.<\/p>\n<p>Last week, US coffee chain Starbucks announced it would sell a 60 percent stake in its China business to a Hong Kong-based private equity firm after years of losing market share to local competitors.<\/p>\n<p>In a statement announcing the deal, Starbucks CEO Brian Niccol said the tie-up with Boyu Capital presented a \u201cpath to grow\u201d from about 8,000 coffeehouses at present to more than 20,000.<\/p>\n<\/div>\n<p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fast-food chain aims to expand to more than 4,000 locations in China under deal with Beijing-based private equity firm. Published On 11 Nov 202511 Nov 2025 Click here to share on social media share2 Share Burger King plans to more than triple the number of its restaurants in China within a decade under a new [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific"],"_links":{"self":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/1804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1804"}],"version-history":[{"count":0,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/posts\/1804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=\/wp\/v2\/media\/1805"}],"wp:attachment":[{"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inernews.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}