Hotpot Giant Haidilao To Close 300 Outlets By The End Of 2021

Haidilao (海底捞) may be popular among hotpot lovers but the company has not been doing well ever since the Covid-19 pandemic hit. As a result, Haidilao International Holding announced that it will be closing down or suspending 300 stores by 31st December 2021. Despite the aggressive expansion in recent years, the Chinese hotpot chain has...