this post was submitted on 31 Jan 2024
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Mildly Infuriating

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Can't even buy chicken in peace (files.catbox.moe)
submitted 9 months ago by AnActOfCreation@programming.dev to c/mildlyinfuriating@lemmy.world
150 comments fedilink hide all child comments
 

You wouldn't download a chicken tender.

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[–] Captainvaqina@sh.itjust.works 6 points 9 months ago (3 children)

KFC is under the PepsiCo monopoly

[–] droans@lemmy.world 8 points 9 months ago* (last edited 9 months ago)

Yum (KFC, Taco Bell, Pizza Hut) split from Pepsi a couple decades ago back in 1997.

[–] thedirtyknapkin@lemmy.world 1 points 9 months ago (2 children)

no it isn't, it's owned by yum brands, a Chinese restaurant conglomerate. not better, but not pepsico either.

[–] Cris_Color@lemmy.world 3 points 9 months ago (1 children)

Yum! Brands, Inc. (sometimes called simply Yum!), formerly Tricon Global Restaurants, Inc., is an American multinational fast food corporation listed on the Fortune 1000. Yum! operates the brands KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill, except in China, where the brands are operated by a separate company, Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants. The company was created as a spin-off of PepsiCo in 1997.

I went and looked up the Wikipedia page out of curiosity when someone disagreed that they're a Chinese conglomerate and thought I'd share for anyone else reading the thread.

Short answer: not a Chinese conglomerate.

https://en.wikipedia.org/wiki/Yum%21_Brands?wprov=sfla1

[–] thedirtyknapkin@lemmy.world 1 points 9 months ago (1 children)

well shit, i didn't look that close. i just knew it wasn't PepsiCo.

[–] Cris_Color@lemmy.world 1 points 9 months ago

Glad I could provide additional context :)

Hope you have a good one!

[–] droans@lemmy.world 0 points 9 months ago

A Chinese conglomerate publicly traded on the NYSE who reports in USD and files with the SEC? A Chinese conglomerate with their headquarters in Kentucky whose majority investors are institutional? A Chinese conglomerate with most shares owned by people or companies in America and whose executives are all American?

[–] morrowind@lemmy.ml 0 points 9 months ago (2 children)

TIL. Damn it

[–] Sendbeer@lemm.ee 6 points 9 months ago

Not anymore though. They spun kfc, taco bell, and pizza hut years ago and they are under the yum brand now. They still have exclusive contracts regarding fountain. Not sure what other connections are left.