Sherpa's Acquired by Fast Food Giant Yum China

Sherpa's has been acquired by the operator of fast food giants KFC and Pizza in China.

Yum China Holdings Inc. announced last month that it was buying a controlling stake in Daojia.com.cn, owner of the popular expat-friendly delivery service. The acquisition was expected to be closed by the end of May, according to a press release issued last month.

No financial details on the deal have been disclosed.

Daojia was founded in 2010 and provides delivery for higher-end take out orders in Shanghai, Beijing, Guangzhou, Shenzhen and other cities in China.

Earlier this year, Sherpa's finally launched its very first mobile app.

[Image via Flickr]