Major restaurant and beverage chains in China, including KFC and Cotti Coffee, are raising prices on food delivery platforms.

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China’s escalating delivery discount battle entered a new phase, as Meituan has signed table tennis champion Sun Yingsha as its latest brand ambassador. The retail tech giant broke the news on Weibo, ...

Yum China, which operates almost 17,000 KFC and Pizza Hut outlets across the world’s second-largest economy, posted rising revenues and profits for the most recent quarter, growing even as Chinese ...