Sherpa's Acquired by Fast Food Giant Yum China

By Bridget O'Donnell, June 7, 2017

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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]

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