Yum China Holdings, Inc. engages in the business of franchising and owning entities that own and operate restaurants. It operates through the following segments: Kentucky Fried Chicken (KFC), Pizza Hut, and All Other Segments. The KFC segment focuses on operating a restaurant chain. The Pizza Hut segment offers casual dining and home service. The All Other segment includes the operations of Lavazza, Huang Ji Huang, Little Sheep, and Taco Bell, together with the company's delivery operating segment and e-commerce business. The company was founded in 1987 and is headquartered in Shanghai, China.