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DODO PIZZA CHAIN CLOSES RESTAURANTS IN CHINA

... - the company worked in China for 4.5 years. Ovchinnikov noted that in 2016 the activities of a company began as a franchisee, but then it was restarted and in 2019, its own pizzerias were opened. More than $ 2.5 million in investments were spent on Dodo Pizza in China. Ovchinnikov added that there still were resources for development, but the company has made a decision to suspend the activities. He explained this by saying that Dodo had strayed too far from the core business model. He also added that the closure ...

Modified: 04.09.2021
Dodo Pizza , Dodo , China , closure , IPO
Path: РусБанкрот - СМИ
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