Pedestrians and shoppers walk past a McDonald’s restaurant in Shanghai. The fast-food chain’s revenues in China have grown as consumers increasingly order food using online delivery apps. Photo: Bloomberg

Citic Capital, McDonald’s majority owner in China, says online food delivery services is burger chain’s biggest revenue driver

  • The biggest shareholder of McDonald’s franchise in China says delivery services account for 21 per cent of overall revenue
  • Head of Citic Capital also sees new technology investment opportunities as China decouples from US technology supply chain
Topic |   McDonald's

TOP PICKS

Pedestrians and shoppers walk past a McDonald’s restaurant in Shanghai. The fast-food chain’s revenues in China have grown as consumers increasingly order food using online delivery apps. Photo: Bloomberg
READ FULL ARTICLE