Yum China


Yum China Holdings Inc. is an American Fortune 500 fast-food restaurant company incorporated in the United States and is headquartered in Shanghai, China, and Plano,texas,United States, With US$6.8 billion of revenue in 2016 and over 7,600 restaurants, it is one of the largest restaurant companies in China,Spun off from Yum! Brands in 2016, it became an independent, publicly traded company on November 1, 2016. It operates 8,484 restaurants in over 1,100 cities and towns located in every province and autonomous region in Mainland China, and has a workforce of 450,000 employees.

History

Initial foray into China

Spinoff

On October 25, 2015, Yum! Brands announced that it intended to separate into two independent, publicly traded companies by spinning off Yum China ; it took effect 1 November 2016.

Yum China abroad

Yum China has a subsidiary company, Little Sheep, with locations in Canada, Indonesia, Japan, and in the United States. There are twenty-nine locations in nine US states, mostly in California, nine locations in Canada provinces, seventeen in Japan, and one in Jakarta, Indonesia.

Corporate affairs

The headquarters is in the Yum China Building in Xuhui District.