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0 0.00905660377358498 0.00905660377358498 0.00905660377358498 -0.00509433962264143 0.00830188679245279 0 -0.00415094339622639
Stock impact report

China's big food chains retreat from deep discounts – report [Yahoo! Finance]

Yum China Holdings, Inc. (YUMC) 
Last yum china holdings, inc. earnings: 4/28 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.yumchina.com
Company Research Source: Yahoo! Finance
The shift follows last month's move by China's competition regulator to open a formal probe into the intensifying rivalry among food delivery services. According to the report, Yum China Holdings-operated KFC increased its delivery prices by an average of 0.8 yuan ($0.12) last month. Coffee chain Cotti has also ended its “9.9 yuan a cup” promotion, with most delivery drinks now priced from 13.99 yuan and above. Local media reports also indicate that Luckin Coffee has reduced the number of products sold at 9.9 yuan. Separately, McDonald's has raised some product prices in China by up to one yuan, while Japanese restaurant operator Saizeriya also increased prices last year, according to a local media report. China's consumer market has faced intense price competition in recent years, as businesses reduce prices to attract cautious spenders in a weaker economic environment, according to the news agency. The pressure escalated from April 2025, when a subsidy campaign erupted Show less Read more
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