Shares of Yum China Holdings, Inc. (YUMC) surged 5.18% in pre-market trading on Monday, as investors responded positively to the company's plans to further integrate artificial intelligence (AI) across its operations.
According to a report from the South China Morning Post, Yum China's chief technology officer, Leila Zhang, emphasized the company's focus on leveraging AI to enhance operating efficiency and profitability. Zhang stated, "When we think about AI and robotics, one of our primary considerations is to empower our restaurant managers. We develop systems and AI-powered digital tools to allow them to work more efficiently, freeing up more of their time so they can focus on delivering exceptional customer service."
The company recently introduced its Q-Smart AI-powered assistant in June, which is capable of monitoring various metrics such as sales data and preparation plans. Yum China expects this tool to ultimately contribute to reducing waste and saving labor costs. This strategic move towards AI integration appears to have resonated well with investors, driving the stock's significant pre-market gain.
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