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Who did KFC sell to in China? This article will give you a clear understanding.

KFC is an American restaurant brand. When the first KFC restaurant in China opened in 1987, it caused a sensation. Now, the right to operate KFC's China area has been sold to China enterprises, so to whom is KFC's China area sold? Let's take a look at it below.

KFC China

KFC's right to operate in China was sold to Yum! China. According to public information, Yum! China Holdings Co., Ltd. is a catering company in China. It was founded in 2116 and its headquarters is in Shanghai, China. It has more than 35,111 chain restaurants and more than 1 million employees in more than 1,111 countries and regions around the world.

in September p>2116, KFC sold its business in China to Ant Financial and Yum! China invested by Chunhua Capital at a high price of US$ 416 million. In addition to KFC, Yum! China also includes well-known catering brands such as Pizza Hut, Little Sheep, Oriental White and Taco Bell.