Domino’s Has Expanded in China by Adding 14 New Stores

Domino’s has expanded its global footprint by opening 14 new stores in China, where the American pizza chain is very popular.

Verdict Food Service reports that the company has expanded its customer base by opening 14 additional locations in 13 Chinese cities, increasing the number of people who can enjoy its pizzas and dining experiences. This action is cost-effective and consistent with DPC Dash’s “Go Deeper, Go Broader” approach.

As a result of the development, DPC Dash, Domino’s exclusive master franchisee in the China mainland, has increased its national footprint by entering places like Shenyang, Chongqing, and Zhengzhou, among others.

“The entering into 13 new cities is another important milestone in DPC Dash’s development journey,” said DPC Dash CEO Aileen Wang in a statement accompanying the announcement. “We are delighted to bring the unique dining experience of Domino’s Pizza to consumers in these cities during the Christmas and New Year holidays.”

She continued: “DPC Dash will always adhere to a consumer-centric approach, continuously optimizing products and services. We firmly believe that with excellent quality, innovative spirit, and the efforts of our team, DPC Dash will grow together with our consumers, sharing the joy that delicious food brings.”

Domino’s Stock Shifted to Nasdaq

In other Domino’s news, the pizza giant switched its stock market listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market on Dec. 31, 2024. This strategic decision may impact the company’s market positioning and shareholder participation, as the company will maintain its current ticker symbol, “DPZ.” Trading began on Jan. 2, 2025.

Founded in 1960, Domino’s has been trading on the New York Stock Exchange since becoming public in July 2004. $14 was the selling price of the 24,221,929 shares that were offered for sale at the initial public offering price. According to Nation’s Restaurant News, Domino’s shares closed at $454 in mid-December when this news was first announced, bringing the company’s valuation to nearly $15.8 billion at the time.

The National Association of Securities Dealers Automated Quotations, or Nasdaq, made its debut in 1971 as the “world’s first electronic stock market.” Despite the fact that the New York Stock Exchange was founded in 1792 and is larger, the Nasdaq costs less for stock listings.