Because more people are leaving.
On November 1, 2016, Yum Brands officially split its China division. Yum China Holdings Limited (Yum China) is independently listed on the New York Stock Exchange (ticker symbol YUMC) and is headquartered in Shanghai. Yum China owns the exclusive operating and licensing rights to the KFC, Pizza Hut and Taco Bell brands in China, and fully owns the Oriental White, Little Sheep and COFFii & JOY restaurant chains.
It is the largest restaurant group in the world in terms of restaurant network, with more than 34,000 restaurant chains and more than 850,000 employees in more than 100 countries. Its five world-renowned restaurant brands include KFC, Pizza Hut, Taco Bell, A&W and LongJohnSilver's (LJS), which are ranked No. 1 globally in the areas of chicken, pizza, Mexican-inspired food and seafood restaurant chains, respectively.
Yum! Restaurants China (Yum! Restaurants China) is part of Yum! Brands Inc. which is listed on the New York Stock Exchange.
Yum!Brands China is the China headquarters of Yum!Brands, established in Shanghai in 1993. It provides operations, development, planning, finance, personnel, public relations and franchising services for all wholly-owned, joint-venture and franchised KFC, Pizza Hut, Pizza Hut, Taco Bell, LongJohnsilvers, Oriental Seibei, including those in China, Taiwan and Thailand. franchising services.