On the Record · Yum China Holdings
Yum China Holdings acquisitions, on the record
The businesses Yum China Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Huang Ji HuangWord for word“In April 2020, we completed the acquisition of a controlling interest in Huang Ji Huang.” 10-K for 2023 | acquisition | In April 2020 | — |
DaojiaWord for word“In May 2017, we acquired a controlling interest in Daojia with the expectation that the acquisition will further enhance our digital and delivery capabilities, and accelerate growth by building know-how and expertise in the expanding delivery market.” 10-K for 2023 | acquisition | In May 2017 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | — | $32 million | $23 million |
| 2017-12-31 | $25 million | $7 million | $23 million |
| 2018-12-31 | $91 million | — | $175 million |
| 2020-12-31 | $288 million | — | $1.29 billion |
| 2021-12-31 | $115 million | — | $16 million |
| 2022-12-31 | $23 million | — | $1 million |
Deal filings since 2016
- 2026-08-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-08-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2026-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-06-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Yum China Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.