How many KFC restaurants are there in China?

The major markets for KFC include China ( 10,000 stores ), the United States (3,943 stores), Japan (1,140 stores), India (1,000 stores), South Africa (960 stores), the United Kingdom (928 stores), Thailand (853 stores), Malaysia (770 stores), Indonesia (742 stores), Australia (699 stores), and Canada (601 stores).

What is the mode of entry of KFC in China?

The research has also further discovered that KFC considered using of joint venture market entry mode as the ideal model of venturing the Chinese market, as it minimised the risk factor. However, after being comfortable with the Chinese fast food market dynamics, it changed to licensing and franchising.

What is the revenue of KFC in China 2023?

Revenue of KFC restaurants in China 2016-2023 With KFC as its flagship chain, Yum China has emerged as China's dominant restaurant company by far, reporting a revenue of nearly 11 billion U.S. dollars in 2023.

How many KFCs are in the world in 2023?

Global fast food chain KFC is a subsidiary of Yum! Brands. In the 2023 financial year, KFC accounted for 29.9 thousand restaurants worldwide.

Who operates KFC in China?

Yum China Holdings, Inc. operates China's leading restaurant concepts, including KFC and Pizza Hut brands, as well as emerging brands including Taco Bell, Little Sheep, Huang Ji Huang and Shaofaner.

Why are there so many KFCs in China?

The first KFC restaurants to open in China were considered a novelty, and attracted customers with an inspirational "Western lifestyle" . China was also becoming more accepting of Western influences during this era. In turn, KFC competes against domestic rivals by offering an extended menu with localized food options.

What is KFC called in China?

KFC is called 肯德基 (kěn dé jī) in Chinese, which is a transliteration of the brand's English name. The Chinese characters used in the name also have phonetic significance.

What is the market share of KFC in China?

Market share of leading fast food brand restaurants in China 2016-2022. In 2022, KFC continued to be the leading restaurant brand in the limited-service restaurant market in China, with approximately 5.5 percent of the market share.

What is the KFC slogan in China?

That literal translation turned out to be: “Schweppes Toilet Water.” 7) KFC's “ Finger Lickin' Good ” in China: KFC's famous slogan “Finger Lickin' Good” was translated into Chinese as “We'll Eat Your Fingers Off.” The literal translation had a gruesome connotation and was not well-received by Chinese consumers.

Is KFC owner a billionaire?

Nearly 60-years-old, he would spend days at a restaurant, peddling his chicken technique, cooking for customers, and often sleeping in the back of his car. At 73, he sold KFC for $2 million. He was not a billionaire , but he lived in comfort for the remainder of his years.

Which country is KFC most profitable in?

KFC is best known for serving fried chicken to Americans by the bucketful, but it actually makes most of its money in China . And China is the most profitable market of KFC's parent company Yum Brands, which also includes Pizza Hut and Taco Bell.

Is KFC more popular than McDonald's in China?

Fast food is becoming more and more popular among Chinese residents, with KFC historically taking the top spot . The country has more than twice the number of KFC locations than the US, with 10,000 restaurants in total.

Which country has the most KFC per person?

THERE are more KFC outlets per person in Trinidad and Tobago than any other country in the world.

Which US state has the most Kfcs?

Which state has the most KFC restaurants? According to the KFC store locator, the state that has the most KFC restaurants is California , with 469 locations.

China: KFC restaurant number by operation mode 2023 | Statista (2024)

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Number of KFC restaurants in China from 2016 to 2023, by mode of operation Statistics on " Restaurant Brands International " Other statistics that may interest you Restaurant Brands International Statistics Topics FAQs

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Published by Agne Blazyte, Apr 12, 2024

This statistic shows the number of KFC restaurants in China from 2016 to 2023, by mode of operation. There were 9,237 company-owned KFC restaurants in China by the end of 2023, up from 8,214 restaurants in the previous year.

Number of KFC restaurants in China from 2016 to 2023, by mode of operation

Characteristic	Company-owned	Unconsolidated affiliates	Franchisees
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-	-	-	-
-	-	-	-
-	-	-	-
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Release date

February 2024

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Region

China

Survey time period

2016 to 2023

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China: KFC restaurant number by operation mode 2023 | Statista (2024)

Number of KFC restaurants in China from 2016 to 2023, by mode of operation

Statistics on " Restaurant Brands International "

Other statistics that may interest you Restaurant Brands International

Statistics

Topics

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