SHANGHAI, Dec. 7, 2017 /PRNewswire/ -- Sherpa's, a
premium food delivery platform specializing in English speaking
services and a subsidiary of Yum China Holdings, Inc.
("Yum China") (NYSE: YUMC), announced that it is one of
the star sponsors for the 16th AmCham Shanghai Annual Appreciation
Dinner, hosted by the American Chamber of Commerce (AmCham) in
Shanghai.
"Sherpa's has a proud history of serving the expat community in
China and we are pleased to
sponsor AmCham's Annual Appreciation Dinner," said Joey Wat, President and Chief Operating Officer
of Yum China. "The number of high
quality restaurants in China is
expanding, and Sherpa's looks forward to continuing to deliver a
diverse range of cuisines to customers in Beijing, Shanghai and Suzhou."
The 16th Annual Appreciation Dinner is one of AmCham Shanghai's
premier events and serves as a platform for the U.S. business
community to interact with external stakeholders.
Sherpa's was founded in 1999. Its phone operators are fluent in
English and it delivers from hundreds of quality restaurants across
Shanghai, Beijing, and Suzhou. In May 2017, Yum
China acquired a controlling interest in the holding company
of DAOJIA.com.cn, an established online food delivery service
provider, which operates Sherpa's.
About Yum China Holdings, Inc.
Yum China Holdings, Inc. is a licensee of Yum! Brands in
mainland China. It has exclusive rights in mainland China to KFC,
China's leading quick-service restaurant brand, Pizza Hut, the
leading casual dining restaurant brand in China, and Taco Bell, which opened its first
restaurant in China at the end of
2016. Yum China also owns the Little
Sheep and East Dawning concepts outright. Yum China is well positioned for growth thanks
to its strong competitive position, integration of its brands into
Chinese popular culture and consumers' daily lives, expanding
geographic footprint in China and
existing operational expertise. It has a strong capital position,
no external debt and expects to continue growing its system sales
and profit by adding new restaurants and through growing same-store
sales. Yum China had more than 7,700
restaurants and more than 420,000 employees in over 1,100 cities at
the end of August 2017. A new
generation of younger consumers who are digitally sophisticated and
brand driven are fueling growth in consumption in China. The ongoing growth of the middle class
and urban population in China is
expected to create the world's largest market for restaurant
brands, with Yum China poised to be
the market leader.
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SOURCE Yum China Holdings, Inc