Yum China Profit Beats Despite Discounts on Delivery Platforms

Yum China Holdings Inc. reported better-than-expected operating profit in the fourth quarter, defying a price war in the country’s food delivery market.

By Charlie Zhu, Lulu Shen · Bloomberg Markets

Yum China Holdings Inc. reported better-than-expected operating profit in the fourth quarter, defying a price war in the country’s food delivery market.