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Panda Express Logo Panda Inn Logo. Panda Restaurant Group, Inc. is the parent company of Panda Inn, Panda Express and Hibachi-San.It was founded by Andrew and Peggy Tsiang Cherng [4] and Andrew's father, Master Chef Ming-Tsai Cherng; the family originated from the Yangzhou region of China's Jiangsu province.
Panda Express is an American fast food restaurant chain that specializes in American Chinese cuisine.With over 2,400 locations, [3] it is the largest Asian-segment restaurant chain in the United States, [4] [5] and is mainly located in North America and Asia. [6]
Cherng was born in April 1948 in Yangzhou, Jiangsu Province, Republic of China on the northern bank of the Yangtze River. [5] His father was Ming-Tsai Cherng, a chef. He and his family moved to Taiwan after the Kuomintang was defeated on mainland China at the end of the Chinese Civil War, [1] and in 1963, his family moved to Yokohama, Japan, where his father had taken a job as a chef.
In 1983, a year after Ming-Tsai's wife, Peggy Cherng, joined the company, the restaurant group opened a fast-food version of their restaurant in the Glendale Galleria, which they dubbed Panda Express.
Who Owns Panda Express? Andrew and Peggy Tsiang Cherng and Andrew's father, Master Chef Ming-Tsai Cherng, started their family business as Panda Express and now have thousands of locations worldwide.
As of 2018, the Cherngs still did not franchise Panda Express restaurants except in a few cases, still owning and operating all their restaurants without going public. [16] In 2019, she is still co-CEO of Panda Express, which had over 2,200 locations. [11] By March 2018, the couple had a net worth of $3.3 billion. [16]
Tortas Frontera - US-based Mexican food restaurant by chef Rick Bayless, JFC owns a 47% stake [53] Panda Express Philippines - A joint venture with the Chinese-American fast food restaurant's parent company, Panda Restaurant Group through JBPX Foods, Inc. [4] and JFC operates its Philippine chain while owning a 50% stake [58]
Panda Inn is a chain of sit-down Chinese restaurants in California owned and operated by the Panda Restaurant Group. [1] [2] [3]The company's original founding goal was to bring new varieties of Chinese cuisine, such as Mandarin cuisine and Sichuan cuisine dishes, to Southern California, which had traditionally favored Chinese Cantonese cuisine.