Topic
restaurant
Business Mergers #pizza hut#yum brands
Yum! Brands to Sell Pizza Hut Chain for $2.7 Billion in Two-Part Deal
Yum! Brands announced the sale of its struggling Pizza Hut chain for $2.7bn. Private equity firm LongRange Capital will acquire the brand outside mainland China for $1.5bn, while Yum China Holdings will buy the mainland China operations for $1.2bn. The transactions are expected to close in the third quarter of 2026, subject to regulatory approvals, as Yum! Brands focuses on its remaining core brands KFC and Taco Bell.
Jun 17, 2026 2 sources
Technology Startups #restaurant#discovery app
Zest's App Revolutionizes Dining with AI and Real Data
Zest, a new restaurant discovery app, uses AI and transaction data to offer personalized dining recommendations. Founded in 2024, it has raised $1.8 million in pre-seed funding and has attracted over 100,000 visits post-launch.
Jun 10, 2026 1 source