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---
description: Find out why Yum China was selected for the inaugural list
title: TIME100 Most Influential Companies 2021: Yum China
image: https://static.time.com/v3/assets/bltea6093859af6183b/blt1e5ff1114c2a1986/698a18e4096a9428d06a94d4/yum-china-time100-companies.jpg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
---

Apr 22, 2021

# Yum China

Inventing the future of fast food

by 

[Eben Shapiro](/author/eben-shapiro/)


## Eben Shapiro


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Eben Shapiro is the former deputy editor of TIME

![Joey Wat, CEO of Yum China, in Hong Kong, China on Mar. 21, 2019.](https://static.time.com/v3/assets/bltea6093859af6183b/blt1e5ff1114c2a1986/698a18e4096a9428d06a94d4/yum-china-time100-companies.jpg?branch=production&width=3840&quality=75&auto=webp&crop=3:2)

Joey Wat, CEO of Yum China in Hong Kong on March 21, 2019.

Joey Wat, CEO of Yum China in Hong Kong on March 21, 2019.Anthony Kwan—Bloomberg/Getty Images

It’s a little bit ironic that the most American of all industries, fast food, is being revolutionized by a Chinese company. Under the leadership of CEO Joey Wat, Yum China operates more than 10,000 restaurants in 1,400 cities in China and has revenues of over $8 billion. As restaurants around the world scrambled to set up contactless payments and home-delivery networks to serve germophobic customers, Yum’s previous investments in digital infrastructure paid off: digital orders accounted for 83% of Yum’s KFC and Pizza Hut sales in the most recent quarter, a 22% increase. Yum China is also known for setting the pace in new-product innovation: it experiments with hundreds of new food offerings a year, such as salted-egg-yolk rice rolls and sweet pumpkin congee, with best sellers added to menus.


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