CHINA F&B
China F&B operates two renowned international restaurant chains, Dairy Queen (DQ) and Papa John's Pizza (PPJ) in China, and is the world's largest franchisee of DQ and the largest franchisee of PPJ outside the United States. The Company was founded in 2003 and is today the largest ice cream restaurant chain and the second largest pizza restaurant chain in China. As of 31 December 2013, China F&B had a network of 407 DQ outlets and 140 PPJ outlets.
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