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Yum Brands to open its first Taco Bell outlet in China this year
March 15, 2016 / 1:42 PM / in 2 years

Yum Brands to open its first Taco Bell outlet in China this year

(Reuters) - Yum Brands Inc (YUM.N), the owner of the KFC and Pizza Hut chains, said it will open its first Taco Bell restaurant in China by the end of 2016.

A Taco Bell restaurant is pictured in Paramus, New Jersey July 8, 2015. REUTERS/Eduardo Munoz

The first outlet of the Mexican food chain would open in Shanghai, Chief Executive Greg Creed said at a consumer and retail conference in New York on Tuesday.

Yum Brands, which is in the midst of separating its China business into an independent, publicly-traded company this year, has about 7,000 KFC and Pizza Hut chains in the Asian country.

Reporting by Siddharth Cavale in Bengaluru; Editing by Sriraj Kalluvila

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