# Pizza Hut sells US business as American customers shift to faster food

2026-08-06T15:41:03+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Pizza Hut’s parent, Yum! Brands, has agreed to sell its business outside mainland China to LongRange Capital for about $1.5 billion, while Yum China will acquire mainland China rights for around $1.2 billion. The deals await regulatory approval and are expected to close in the third quarter, Hindustan Times reports. The chain is also closing unprofitable US restaurants as customers favour cheaper meals, digital ordering, delivery and takeaway. Its large dine-in outlets carry higher rent, staffing and maintenance costs. Pizza Hut once built its brand around family meals and parties, but competitors such as Domino’s invested earlier in online ordering and delivery. China remains its biggest international market, with nearly 4,500 restaurants across about 1,200 cities.

## Coverage

- hindustantimes.com <https://www.hindustantimes.com/business/why-pizza-hut-is-failing-in-america-how-the-us-fell-out-of-love-with-the-once-dominant-pizza-chain-101786019186153.html>

Tags: Domino's, food delivery, Pizza Hut, US restaurants, Yum Brands
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