Little Sheep Group
Little Sheep Group Limited is a company that was founded in 1999 in Baotou, Inner Mongolia, China that specializes in operating hot pot restaurants, condiments, and meat processing.
Little Sheep restaurant at Xin'ao Shopping Center | |||||||
Native name | 小肥羊餐饮连锁有限公司 | ||||||
|---|---|---|---|---|---|---|---|
| Company type | Subsidiary | ||||||
| Industry | Catering | ||||||
| Founded | 1999 | ||||||
| Headquarters | , China | ||||||
Area served |
| ||||||
Key people |
| ||||||
| Products | Hot pot | ||||||
| Parent | Yum China | ||||||
| Chinese name | |||||||
| Simplified Chinese | 小肥羊餐饮连锁有限公司 | ||||||
| Traditional Chinese | 小肥羊餐飲連鎖有限公司 | ||||||
| |||||||
| Website | www | ||||||
Little Sheep currently has over 300 chain restaurants in China, Hong Kong, Taiwan, Macau, the United States, Japan, and Canada. In 2007, the company was named the most popular Chinese hot pot restaurant by the Chinese Restaurant Association. It was subsequently listed on the Hong Kong Stock Exchange in 2008. It became China's first branded catering enterprise listed in Hong Kong.
Little Sheep posted ¥2 billion in revenues in 2010, which accounted for two percent of dining-out receipts in China.
In 2011, Little Sheep was sold to Yum! Brands Inc, a U.S.-based fast-food franchise conglomerate. Yum agreed to buy Little Sheep for $587 million in May 2011 but the deal was delayed for four months by a Chinese Ministry of Commerce antitrust investigation. Little Sheep was delisted from the Hong Kong Exchange in February 2012. In 2016, Yum! Brands spun off their Chinese operations into Yum China, which includes Little Sheep.Happy Lamb was a similar hot pot brand founded by the original owner of Little Sheep in 2017.