Da Niang Dumpling Explained

Da Niang Dumplings Holdings Limited or Jiangsu DaNiang Dumpling Co., Ltd, doing business as Da Niang Dumpling (DND;), is a Chinese fast food restaurant chain headquartered in Tianning District, Changzhou, Jiangsu.[1] It is the largest dumpling store chain in Mainland China.[2] The logo states "Wu Da Niang").

History

The company was founded in April 1996.[1]

In 2012 there were 424 restaurants. By 2013 the number grew to 514.[3] At the end of 2013 the company had a total of over 440 locations in 90 Mainland Chinese cities.[1] In 2013 the company had over 1.5 billion renminbi (US$244 million) in sales.[4]

CVC Capital Partners bought the company from its founder in December 2013.[1] In 2014 the company was ranked No. 9 in China Daily's " Top 10 fast-food chains in China".[3]

External links

Notes and References

  1. "Join us" (Archive). Da Niang Dumpling. Retrieved on September 9, 2014. "Add: No. 7 Gucun, Changhzou City, Jiangsu Province" - Chinese address (Archive): "地址:江苏省常州市古村7号 邮编:213003"
  2. "Da Niang Dumplings" (Archive). CVC Capital Partners. Retrieved on September 9, 2014.
  3. "No 9 Jiangsu Da Niang Dumpling Co Ltd" (Archive). China Daily. July 28, 2014. Retrieved on September 9, 2014.
  4. Song, Jing. "CVC loving China consumer growth story'" (Archive). FinanceAsia. 18 March 2014. Retrieved on 9 September 2014.