Alibaba’s electronic payments unit and a private equity fund will make strategic investments in Yum Brands’ KFC and Pizza Hut outlets in China. Photo: Reuters

Alibaba’s payments unit and Primavera Capital to invest in Yum Brands’ China spin-off

Yum’s China unit to operate independently from Yum Brands’ worldwide business, list on New York Stock Exchange on November 1

Topic |   Yum! Brands

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Alibaba’s electronic payments unit and a private equity fund will make strategic investments in Yum Brands’ KFC and Pizza Hut outlets in China. Photo: Reuters
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