TH International Limited Begins Nationwide Expansion of Popeyes In China
A few months after becoming the exclusive operator and developer of Popeyes brand in mainland China, TH International Limited (Tims China) announced the nationwide expansion of the chain in the country. The first flagship restaurant opened in Shanghai on August 19. But that’s only the beginning for Tims China.
The growth of Popeyes in China actually began in August 2022 when Cartesian Capital Group, a global private equity firm that is the majority owner of Tims China, announced that they entered into a non-binding term sheet for the exclusive...
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