Yum China Reaches 20,000 Stores and Targets 30,000 by 2030

Yum China Holdings, Inc. reached a milestone of 20,000 stores across more than 2,800 cities and towns in China. The company celebrated this achievement and the 10th anniversary of its New York Stock Exchange listing during an annual convention for restaurant general managers in Chengdu, where it opened six new stores across its KFC, Pizza Hut, Lavazza, Taco Bell, Little Sheep, and Huang Ji Huang brands.

CEO Joey Wat announced a new target to expand to 30,000 stores by 2030 using an equity-and-franchise hybrid model. To support this expansion, the company is implementing its RGM 3.0 strategy, which introduces agentic AI through an AI Store Assistant. This tool, an evolution of the Q-Smart pilot, provides real-time operational recommendations to reduce food waste.

Additional operational updates include the launch of an RGM One-Stop Service Center and the expansion of medical support services for frontline employees and their families.