Yum China Holdings, Inc. (the “Company” or “Yum China”, NYSE: YUMC and HKEX: 9987) today announced that it has been named to TIME’s first annual TIME100 Most Influential Companies list, which recognizes corporate pioneers, leaders, innovators, titans and disruptors that are shaping the world today. Yum China is the only restaurant company included in the inaugural list.
TIME100 Most Influential Companies – an expansion of TIME’s annual TIME100 franchise – is a new list highlighting 100 companies making an extraordinary impact around the world. The list recognizes Yum China as a leading innovator that is “inventing the future of fast food”. TIME cited Yum China’s industry-leading digital and delivery capabilities, as well as relentless new product innovation, as reasons for the Company’s inclusion.
“On behalf of over 400,000 employees, Yum China is incredibly proud and honored to be recognized by TIME’s prestigious Most Influential Companies List, which is a validation of the Company’s innovation-led strategy,” said Joey Wat, CEO of Yum China. “With accelerated investment in digital, delivery and supply chain, we aim to achieve greater digitization, automation and intelligence across our operations, driving sustainable growth in the long run.”
The list focuses on impact and relevance rather than size or scale, which TIME believes are hallmarks of the world’s 100 most influential companies. To assemble the list, TIME solicited nominations across multiple sectors from its global network of editors and correspondents, as well as from industry experts. Each company was then evaluated on key factors, including relevance, impact, innovation, leadership, ambition and success.
See the full list here: time.com/100companies