Tag: KFC
KFC blasted by China for ‘causing unnecessary food waste’
The fast food chain came under fire Wednesday from Chinese state media and a national consumer watchdog overseen by the government. They take issue with the company’s new promotion, which allows customers to receive random selections of free, limited-edition toys with their meals. That has led to people rushing to buy too much food with
Chinese students jailed for exploiting KFC app glitch to get unlimited free chicken
A 23-year-old student accidentally found the glitch in the app and swindled thousands of worth of food (Getty Images for KFC) Five Chinese students ended up in jail after one of them exploited a glitch in KFC’s online ordering systems to get an unlimited supply of free chicken and then resell them to friends. A
KFC, Pizza Hut Chinese Parent Raises $2.2B In Hong Kong IPO: Report
Yum China Holdings Inc (NYSE: YUMC) raised $2.2 billion in its secondary listing in Hong Kong at $53.16 (HKD 412) per share, Bloomberg reported Thursday. What Happened: The operator of fast food brands such as KFC and Pizza Hut in China sold 41.91 million shares in its Hong Kong offering, people familiar with the matter
