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Pizza Hut, where sales have lagged with arrival of delivery culture, will be sold for $2.7 billion

Once a leader in the pizza industry, Pizza Hut is being sold for $2.7 billion as it struggles to keep up with the modern delivery culture. With new ownership under LongRange Capital and Yum China Holdings, the brand hopes to revitalize and...

AP News· Jun 16, 2026 · 5:56 PM · 43 views

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Once a leader in the pizza industry, Pizza Hut is being sold for $2.7 billion as it struggles to keep up with the modern delivery culture. With new ownership under LongRange Capital and Yum China Holdings, the brand hopes to revitalize and adapt to current trends. Can they turn things around? #PizzaHut #BusinessNews #FoodIndustry #DeliveryRevolution #YumBrands

Originally reported by AP News. Read the full story →

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