Yum China logo
|Traded as||NYSE: YUMC|
|Founded||1 April 2016|
|Headquarters||Shanghai and Plano, Texas|
|Muktesh Pant, CEO|
|Revenue||US$6.752 billion (2016)|
|US$0.640 billion (2016)|
|US$0.502 billion (2016)|
|US$$3.727 billion (2016)|
|US$2.443 billion (2016)|
Number of employees
|420,000 (as of December 2016)|
Yum China Holdings Inc. (Chinese: ?) is an American-Chinese Fortune 500fast-food restaurant company incorporated in the United States and having joint headquarters in Shanghai and Plano, Texas. With US$6.8 billion of revenue in 2016 and over 7,600 restaurants, it is the largest restaurant company in China. Spun off from Yum! Brands in 2016, it became an independent, publicly traded business company on 1 November 2016. It operates more than 7,600 restaurants over 1,100 cities and towns spanning every province and autonomous region across Mainland China, and has a workforce of 420,000 employees, representing the 3rd largest labour force in the world.
Even though Yum China is based in China, one of its subsidiaries, Little Sheep, has locations in North America. There are a total of 38 locations in North America: 29 locations in 9 US states, mostly in California, and 9 locations in 4 Canadian provinces. These locations' profits are managed by the Yum China headquarters in Plano, Texas.