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Domino’s China Hits Record Revenue Levels

The company hit a record high in revenue growth in the first half of 2022 with USD126M, up 18.6 per cent over USD106.6M in the first half of 2022.

Aileen Wang, CEO of Domino’s China, attributed the brand’s milestone to “development acceleration, digital leadership and deliver excellent and delicious pizza at value”.

As part of the company’s accelerated development, Domino’s China has increased the number of stores throughout China. The number of Domino’s China locations jumped from 188 to 468 between 2019 and 2021. There are 508 Domino’s China locations in the country as of June 2022.

In addition to store expansion, an increased demand on takeout has contributed greatly to the company’s growing revenue. During the pandemic, Domino’s carried out its “30-minute delivery promise” service, which became a big selling point for the company. In 2021, delivery orders alone generated more than 73 per cent of revenue.