TH International Limited is a prominent company that operates as the exclusive franchisee of the well-known fast-food brand, Dunkin', across China
The company focuses on developing and expanding the Dunkin' brand in the region, offering a wide range of coffee and baked goods to consumers. With a commitment to quality and innovation, TH International Limited aims to enhance the customer experience through strategic store openings, marketing initiatives, and the introduction of new products tailored to local tastes and preferences. The company plays a significant role in tapping into the growing coffee culture and quick-service restaurant market in China.
Restaurant Brands International announced two strategic transactions in China. The company acquired Popeyes China and co-invested with Cartesian Capital in TH International, known as Tims China. .
Key Takeaways: DPC Dash reported strong double-digit revenue growth in the first half of 2024, as it opened 146 net new restaurants in China, bringing its total to 914 The exclusive master franchisee for Domino’s Pizza in China became profitable during the period on both a reported and adjusted basis for the first time
Key Takeaways: TH International will return China rights for Popeyes to the brand’s owner and focus on developing its core Tim Hortons chain in China The company concurrently announced $50 million in new funding, providing an important financial cushion as it suffers in a brutal Chinese coffee price war By Doug Young
Key Takeaways: TH International said it currently has 919 stores in its network, including 10 Popeyes and the remainder from its main Tim Hortons chain The fast food operator opened about 156 stores in the fourth quarter, more than the total for the previous three quarters combined By Doug Young
