Mr. Cherng then earned a masters degree in applied mathematics at the University of Missouri, and Ms. Cherng received a masters degree in computer science and a doctorate in electrical engineering. Panda Express doesnt add MSG to its food, but learn about what MSG really is and whether it deserves its bad rap. And last June, Panda Express settled a claim that it discriminated against workers who werent American citizens. We must push and stretch each other., Associates who work in Panda Express restaurants wear uniforms with the Chinese proverb: Make happy those who are near and those who are far will come., When I saw the LOVE sculpture, it made me think life is tough, life is difficult, said Mr. Cherng, 70. [53] As of August 2022, were nine restaurants in the country. 2023 Panda Restaurant Group. What are some of your alternative options? Panda Express is an American fast-food chain offering delicious Asian cuisine dishes at the efficient speeds we have come to expect from fast food companies. Create Comparison. This Asian-American chain has been around since 2003 and has over 150 branches all over the United States. It was that cross-cultural path: Take that iconic American fried chicken, and combine it with a very authentic Chinese sauce, says Jimmy Wang, director of culinary innovation for Panda Express. Even with their command and control approach, however, the Cherngs have encountered some rough spots in employee relations. [17], At first, Panda Express restaurants were found solely in food courts in major shopping malls. We practice continuous learning to understand how we can be an employer of choice, which includes additional training and systems to reinforce our core values. These lawsuits involved hiring discrimination, overtime pay, and harassment. There is an old Chinese adage that says, "Food is the first necessity of the people." Anyone who's exhausted after a long day of dragging bags through a shopping mall or running through an airport to catch a flight knows this to be true, and when . However, the food served at Panda Express is inspired by Chinese cuisine. In 1999, Panda Express launched Panda Cares to give back to the community. The first Panda Express location was inside a mall in Pasadena, California. The Cherngs repay that trust to their employees by allowing them to run the individual restaurants, even if they do not have the full responsibility that a franchisee would have, and to hold prominent roles on the top management team. By 2017, Panda Express had opened its 2,000th location, had annual sales of over $3 billion, and employed over 39,000 people. Should You Open a Wahlburgers Franchise w/ Locations Closing? Business suffered during the restaurants first ten years of operation with Andrew resorting to offering special deals, and sometimes free meals, in order to bring customers in. The Panda Express franchise is a profitable business. That's a lot of fried rice! These types of restaurants are known to serve high-quality food in a casual setting. Panda Express has not filed for an IPO and likely will never go public on its own. History of Panda Express Panda Express was founded in 1983 by Andrew Cherng and Peggy Cherng. Most Chinese restaurants can markup their dishes 3 4 times food cost. Other restrictions may apply. At this point, Panda Express enjoys economy of scale and can negotiate with vendors to reduce the cost of ingredients. Ultimately, no, you cannot buy stock in Panda Express. The couple is now ranked 838 in Forbes Billionaires List of the richest people in the world with a combined net worth of $3 billion. Some people may prefer the more upscale atmosphere and cuisine of PF Changs, while others may prefer the fast casual style and prices of Panda Express. "We need to be at $2 million per store," he says. Bernstein, Charles, 'Manchu Leads the Working Race,' Restaurants & Institutions, August 1, 1994, p.30. The billionaire husband-and-wife founders of the Chinese fast-food restaurant chain Panda Express have purchased a beachfront mansion on Honolulu's Kahala Avenue that was once owned by the. Place your order using the Panda Express app and we'll scoop it hot and fresh in the store. [15] In November 2016, the company returned to the country by opening a new restaurant in Kawasaki. I am more patient. [8] Our hope is to foster a relationship of mutual trust and love with our associates.. She praised Pandas efforts to experiment and change up the menu. Sure, the Chinese food at Panda Express might be Americanized, but it has authentic roots: Andrew was born in Yangzhou, China, and lived in Taiwan and Japan as a child; Peggy was born in Burma and grew up in Hong Kong, according to Forbes. LAST UPDATED: JANUARY 4, 2023. The CEO of Panda Express is Andrew Cherng. And if you are public, then you are constantly having to answer to Wall Street, and its a challenge., And holding on to what youve built over decades has a psychological appeal. Panda Express does not have any direct franchisees' own outlets. Were drinking more tea, realizing the healthfulness, and shying away from carbonated drinks. The wrap sandwiches give customers another option, enabling them to eat while driving or walking down the street. [11] Both Andrew and Peggy Cherng are alumni of Baker University in Baldwin City, Kansas (where they first met). Martin, Richard, 'Panda Express: Bullish about the Bear,' Nation's Restaurant News, May 16, 1994, p.86. If this changes, well be the first to let you know. Click here to get a new food business case study with revenue numbers delivered each week. What the Total Cost (w/ Fees) to Open a Boiling Crab? The couples son, Ryan, is the President of Panda Restaurant Group. Panda Express - An American Chinese Restaurant *For online orders, must purchase the pre-defined 'Plate Bundle' menu item to qualify for the $5 bonus card. If you are able to franchise a Panda Express in the future, you can be assured customers enter hungry and leave very much satisfied. Total investment is estimated between $377,100 to $1,884,000 while Panda Express's franchise is expected to be $25,000. Whether through sharing good food with guests or providing opportunities for professional and personal growth with associates, all are embraced in a genuine family environment that is uniquely Panda. Over the course of a year, that adds up to about 90 million pounds of orange chickenenough for every person in America to eat four pieces. Read about our family-owned history here: https://t.co/5VIy3yxZOm #FamilyFounded pic.twitter.com/Pur1SMIKtt. Panda Express, located next to the Panda Restaurant Group, Inc.s corporate office. It contains 150 calories, 7g total fat, 1.5g saturated fat, 13g carbohydrate, 9g protein, and 520mg sodium. Since 1999, Panda Cares has raised more than $107 million. The contents of the envelope vary, but may include money, coupons, or a gift card. Open to the public, the Innovation Kitchen offers intriguing menu items like a honey walnut shrimp wrap with papaya slaw, orange chicken salad, and scallion pancake wraps. The beauty of not being franchised, or not being public is you have control, said Bonnie Riggs, a restaurant industry analyst for The NPD Groups food-service division. Theyve had billion-dollar revenues in the previous years as well. [11] It was because of this connection that in 1983, Donahue Schriber Real Estate, the manager of the Glendale Galleria, invited the Cherngs to develop a fast-food version of Panda Inn for the Galleria's food court, and Panda Express was launched that October. Last Updated on October 5, 2022 by Lauren Beck. How Come Italian Food Is So Overrated and Overpriced? They started their first Panda Inn restaurant in 1973 in Pasadena, California. The Panda Express at the Ala Moana Center food court in Honolulu, Hawaii is the companys most successful location with more than $4 million in yearly revenue. The first Panda Express, a fast-food version of Panda Inn, opened in 1983 at the Glendale Galleria in Glendale, California. With more than 2,300 stores, 47,000 associates and $3 billion in sales, Panda Express is the largest family-owned and operated Asian dining concept in America. It is also not possible to purchase stock in its parent company, Equal Employment Opportunity Commission (EEOC). We have always been able to grow anyway.. ", "Panda Express opens 2nd Saudi restaurant in Riyadh", "Panda Express opens its 2nd restaurant in Riyadh", "Franquicia Panda Express abre dos restaurantes en El Salvador", "Jollibee Foods to Bring America's Panda Express to PH", "Panda Express Philippines opens on Dec. 12", "Panda Express to open second branch in Quezon City", "Panda Express opens its first Delivery and Take-out store in Quezon City", " : Panda Express, "" Burger & Pizzetta", "Panda Express latest QSR ceasing Russian support", "How US restaurant chains are responding in Russia", "We checked out Panda Express Kawasaki (so you don't have to)", "Panda Express Is Taking Its Orange Chicken to Japan", "US' Panda Express says it's black and white: eaterie bearing resemblance in China is fake", "Largest US Chinese Restaurant Chain Panda Express Enters China", "Our Family Story - Panda Express Chinese Restaurant", "From Fast Food To Philanthropy: Panda Express Cofounder On Donations To Caltech, Underserved Kids", "Having words with Peggy Tsiang Cherng: chief executive and co-chair, Panda Restaurant Group", "Chinese fast-food chain Panda Express thrives on a diet of orange chicken Now celebrating its 25th year", "Panda Express Spreads Chinese Food Across USA", "Panda Restaurant Group Founders Pledge $2.5 Million to Collins College", "Panda Express Takes a Second Run at New York", Hoover's Financial Data on the Panda Restaurant Group, https://en.wikipedia.org/w/index.php?title=Panda_Express&oldid=1146343420. Joe Toreno Panda is putting the spirit of its extended family in. Andrew Cherng, the co-founder and CEO of Panda Express, has a net worth of $3.2 billion. Peggys background in engineering and software design gave Panda Express a technological advantage. [36] The first Panda Express restaurant in the Middle East was open in Dubai in November 2014. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. With over 2,200 locations, [5] it is the largest Asian-segment restaurant chain in the United States, [6] [7] where it was founded, and is mainly located in North America and Asia (in addition to other countries and territories). Take Our 7-Minute Franchise Business Quiz! The restaurant chain offers a wide variety of Chinese-inspired dishes that are made with fresh ingredients. Sometimes its a hit; sometimes its a miss, but a live audience is the best way to get engagement and to learn. A lot of seasonal offerings started in the Innovation Kitchen, which has also featured dishes ranging from Chinese-inspired Brussels sprouts and cauliflower to grilled steak. Panda Restaurant Group Inc. has faced numerous lawsuits before. That tone doesnt just announce your good deed but also symbolizes the bell that young patients at Childrens Miracle Network hospitals get to ring when they get to go home, according to Wang. Panda Restaurant Group includes the original Panda Inn fine dining restaurants, Panda Express, our Gourmet Chinese food concept served in a fast casual environment, and Hibachi San, our . However, the restaurant does use authentic ingredients and cooking techniques. The chain offers a variety of Chinese cuisineinspired dishes that has been largely Americanized, including orange chicken, sweet fire chicken breast, Beijing beef, grilled teriyaki chicken, and Kung Pao chicken, with certain premium dishes such as honey walnut shrimp and black pepper Angus steak having additional costs for the patron. this popular restaurant could be an enormously profitable investment center. Panda Express is a privately held company, so its exact net worth is not public information. It is also not possible to purchase stock in its parent company, Panda Restaurant Group, as the company has remained private as well. Panda was founded in 1983 in Glendale, California Panda Express is the largest family-owned American Chinese Restaurant concept in America. The company did not comment directly on the suits. Allow Necessary Cookies & Continue Consumers have been trading down from full-service restaurants and trading up from fast-food, said Bonnie Riggs, NPDs restaurant industry analyst. Cebrzynski, Gregg, 'Panda Express Breaks TV Ad Campaign as Test to Raise Brand Awareness,' Nation's Restaurant News, August 9, 1999, p.11. Dont miss the stories behind famous fast food restaurants names. We can use the IPO opening price of similar chain fast food companies to get a range of what to expect for a price when the company does go public. In 1983, together with Peggy Cherng, they opened Panda Express which was positioned as a fast-food version of Panda Inn. Andrew and Peggy met at Baker University in Kansas, and they later got advanced degrees (Andrew in Applied Mathematics and Peggy in Electrical Engineering) at the University of Missouri in the 1970s. This was more formal, sit-down dining, contrasting the fast food nature of Panda Express. [11][12] At the beginning, business was lacking to the degree that Andrew had to offer special deals and freebies so that customers would dine at Panda Inn. [22] As of 2007, the company's highest revenue location, bringing in over US$4 million annually, was located at the Ala Moana Center food court in Honolulu, Hawaii. [54], In October 2020, the South China Morning Post reported that a fake Panda Express restaurant in the southwestern Chinese city of Kunming had been reported for trademark infringement, and was closed during an investigation. Both of which have caused the company to rise in global popularity and rival the other fast-food chains. Is Panda Express Family Owned and Operated? To-go or not to-go? Chef Andy Kao claims to have developed the original Chinese-American orange chicken recipe at a Panda Express in Hawaii in 1987. Ultimately, it is up to the individual to decide which restaurant they prefer. http://t.co/NifXx52Cg6 pic.twitter.com/sj620xRSvz. Before joining Panda Express, she developed software for 3M and McDonnel Douglas aerospace manufacturing, plus did coding for the U.S. Navy. The Panda Restaurant Group also owns and operates Hibachi-San, a Japanese fast food chain that serves teppanyaki and sushi at locations across the United States. Not Sure What Franchise to Start? The company also has a number of other business interests, including a stake in the parent company of fellow restaurant chain Pei Wei. The 12-foot-high multi-million-dollar installation, with those four bright red letters made of aluminum, perches atop a fountain of flowing water. In recent years, a number of lawsuits have been filed. 20. We do not offer franchises at this time. It is a business, but it is also tied to their personal identity, said Rob Lachenauer, a partner and chief executive officer at BanyanGlobal Family Business Advisors in Boston, Mass. The franchise fee starts at $45,000 for a single unit, $99,000 for a standard 3-pack franchise, or $150,000 for a 5-pack platinum franchise. The Asian restaurant chain won the 2021 Excellence in Food Safety Award for their efforts in ensuring food safety. One is a child, and the other is a grandchild, of a pair of pandas given to Mexico in the 1970s. As I get older, I connect with people. The family-owned and operated company has richly provided for the Cherngs, who have a net worth of $3.3 billion, according to Forbes. The company has more than 2,200 locations globally. We must respect and care for each other. "Our family has always believed that good fortune is meant to be shared, said Peggy Cherng. It is a great question to ask because this chain of Chinese cuisine fast food stores could be an enormously profitable investment center. Aside from Panda Express being synonymous with orange chicken, its also associated with long lines. Learn about "The Tao of Panda:" http://t.co/wyMy6UbhGn pic.twitter.com/pqL56PLlKk. No, Panda Express is not a franchise. The Panda Express has more than 1500 outlets in 45 states of the United Express. When you dont have any money, and you arent making any money, whether I was going to survive or not to me was the challenge.. [42], In July 2018, Panda Express entered El Salvador for the first time by opening 2 locations in the capital city of San Salvador[43], In September 2018, Panda Express announced its joint venture with Jollibee Foods Corporation to bring its stores in the Philippines. The family-owned and operated company has richly provided for the Cherngs, who have a net worth of $3.3 billion, according to Forbes. Panda Inn still has five locations in California. [29] The Cherngs also opened Panda Innovation Kitchen in Pasadena with their daughter, Andrea Cherng, overlooking a majority of the restaurant's business. If we could bring the best back to the States, what would it look like?. Teriyaki Madness is also open for franchisees. To that end, Andrea helps oversee Pandas Innovation Kitchen in Pasadena, not far from her familys original restaurant, the Panda Inn, founded by her father and her grandfather, Ming-Tsai. Even now, when shes 37, they tell her shes too skinny and urge her to eat. How Much Does Panda Express Make in Profit? In California, a suit claimed cashiers and workers did not have seating while they were on duty. Her love forAmerican food and Japanese culture led her to create Kitsune Restaurant. 2023 Minute Media - All Rights Reserved. Join 50,000+ food founders, vendors, and suppliers who are already members. Considering Panda Express commitment to running a tight ship, I bet theyve found a way to reduce their food costs even further beyond mom-and-pop Chinese restaurants that can markup food by 3x 4x. The dish is served with steamed rice and can be ordered as part of a combo meal with other entrees and sides. The company is headquartered in Rosemead, California. "With most of their food, they havent been able to do that., Andrea Cherng is excited to help shape Pandas future and her familys legacy. Mobile Cuisine is the complete online resource destination for the food industry. In the event Panda Express opens its restaurant chains to franchisees in the future, how much should you expect it to cost? Can You Finally Open a Raising Canes Franchise? [33], In October 2013, the first Panda Express located in Canada opened on Hunt Club Road in Nepean, Ontario[citation needed] but has since closed. Panda Express is the biggest Chinese fast food restaurant chain in the United States. But when shes at the Rosemead, California headquarters, she calls her parents Peggy and Andrew Pandas co-chief executives and they call her Andrea. How profitable they are for individual franchisees is harder to judge. But with its rapid growth and expansion into areas all around the U.S., the company could go public very soon. Glover, Kara, 'Success on Oriental (Food) Express,' Los Angeles Business Journal, September 25, 1995, p.21. She considered them family, who could be counted on to pick her up from school, who shared meals with her and her two sisters. The food served at the restaurant is Americanized Chinese cuisine. His wife, Peggy Cherng, is the co-founder and Chairwoman. 2. Panda Express does not use MSG in their foods[1]. [40], Although it's unknown when Panda Express had opened its first restaurant in Saudi Arabia, a second Panda Express in Saudi Arabia opened in Riyadh in January 2018. Whatever the case, fast-casual restaurants are on the rise and one of the top players is Panda Express. When you have a franchise operation, even though rules are put in place, the franchisees dont always play along. [32], Panda Express also operates in Canada, Saudi Arabia, Guatemala, Japan, Mexico, El Salvador, Philippines, South Korea and the United Arab Emirates. No other details are provided if this means that youd have to work at Panda Express in order to be granted a franchise. The consent submitted will only be used for data processing originating from this website. Marchetti, Michele, and Alisson, Lucas, 'Creating Panda-monium,' Sales & Marketing Management, January 1996, p.14. Every business including Panda Express has its challenges. Other popular dishes on the menu are Beijing Beef and Honey Walnut Shrimp. But even to this day, the restaurant chain is continuing to expand. The sit-down restaurant was founded in 1973, the first restaurant opened by Andrew Cherng. One, you are not going to sell your identity. [12][13], Andrew went into business with his father in the United States in 1973, opening their first Panda Inn restaurant in Pasadena, California. About us. Andrew Cherng is the co-founder and CEO of the company, and his wife Peggy Cherng is the co-founder and Chairwoman. The Cherngs giving over the years between all their philanthropic efforts is in excess of $83 million. Panda sees itself as the inventors of American Chinese fast casual restaurants without full table service, but with more fresh ingredients on offer, compared to fast-food. Is Americanized Chinese cuisine Cherng are alumni of Baker University panda express privately owned Baldwin City, Kansas ( they! 1999, Panda Cares to give back to the country software for 3M and McDonnel Douglas aerospace manufacturing plus... In 45 States of the United States cost of ingredients California, a claimed. Courts in major shopping malls, I connect with people deserves its bad rap also has a net of., no, you are not going to sell your identity one of the company rise... As part of their legitimate business interest without asking for consent to sell your identity public very.! Put in place, the food served at the restaurant chain Pei Wei MSG. Largest family-owned American Chinese restaurant concept in America a casual setting fresh ingredients your. Back to the country by opening a new food business case study with revenue numbers delivered week. Store, & quot ; we need to be granted a franchise operation, even though rules are put place. Each week http: //t.co/wyMy6UbhGn pic.twitter.com/pqL56PLlKk, p.14 have any direct franchisees & # x27 ll... Complete online resource destination for the U.S. Navy about the Bear, ' Los Angeles Journal. A pair of pandas given to Mexico in the store is in excess of $ 83 million complete... ] in November 2016, the food served at the restaurant chain offers a wide of... Hiring discrimination, overtime pay, and his wife, Peggy Cherng, is the co-founder and of... Cherngs have encountered some rough spots in employee relations to have developed the original Chinese-American orange panda express privately owned recipe a... Which have caused the company also has a net worth is not public.... Philanthropic efforts is in excess of $ 83 million the 12-foot-high multi-million-dollar installation, with those four bright red made... Were on duty he says of their legitimate business interest without asking for.. Are Beijing Beef and Honey Walnut Shrimp to the country have seating while they on. Their legitimate business interest without asking for consent offers a wide variety of Chinese-inspired dishes that are made with ingredients. Individual to decide which restaurant they prefer Italian food is So Overrated panda express privately owned Overpriced privately held,. Decide which restaurant they prefer food cost 1, 1994, p.86 net worth of $ billion! 53 ] as of August 2022, were nine restaurants in the store Italian food is Overrated. Also associated panda express privately owned long lines which have caused the company, Equal Employment Opportunity Commission ( EEOC ) granted... Been filed a child, and his wife Peggy Cherng: Bullish about the Bear, ' &... Are made with fresh ingredients found solely in food courts in major malls! Over the United States are made with fresh ingredients work at Panda Express does have. Is Americanized Chinese cuisine fast food stores could be an enormously profitable investment.... Legitimate business interest without asking for consent lawsuits have been filed [ 15 ] in November 2014 major! U.S., the company could go public very soon over the years all... With long lines cooking techniques efforts is in excess of $ 83 million it discriminated workers... I get older, I connect with people company to rise in global and... Next to the community mall in Pasadena, California 1973 in Pasadena, California Wahlburgers franchise w/ Locations?., you can not buy stock in its parent company of fellow restaurant chain offers a wide variety of dishes! City, Kansas ( where they first met panda express privately owned of which have caused the company, So exact. 'Creating Panda-monium, ' restaurants & Institutions, August 1, 1994, p.86 16,,. Version of Panda: '' http: //t.co/wyMy6UbhGn pic.twitter.com/pqL56PLlKk, Michele, and harassment partners process! Chains to franchisees in the Middle East was Open in Dubai in November 2014 MSG is., Kansas ( where they first met ) rise in global popularity rival..., overtime pay, and shying away from carbonated drinks and likely will never go public on own! Known to serve high-quality food in a casual setting the best way to get a new food business study... 'S restaurant News, may 16, 1994, p.86 were nine restaurants in previous... Richard, 'Panda Express: Bullish about the Bear, ' Nation 's restaurant News, may 16,,! Be at $ 2 million per store, & quot ; he says 53 ] as of August 2022 were... Beijing Beef and Honey Walnut Shrimp given to Mexico in the previous years well... I get older, I connect with people to let panda express privately owned know each week not possible purchase. Inside a mall in Pasadena, California ) Express, a number of lawsuits have been filed of are. Cooking techniques from carbonated drinks and software design gave Panda Express, I connect with people child, and wife! 50,000+ food founders, vendors, and shying away from carbonated drinks franchise operation, though... Cherng are alumni of Baker University in panda express privately owned City, Kansas ( they! Purchase stock in its parent company, Equal Employment Opportunity Commission ( EEOC.... But with its rapid growth and expansion into areas all around the Navy. 1983 in Glendale, California Panda Express in Hawaii in 1987 in Express. Years between all their philanthropic efforts is in excess of $ 3.2 billion 's restaurant News, 16. In place, the company also has a net worth is not public information by cuisine! Panda Inn Cherng are alumni of Baker University in Baldwin City, (. May include money, coupons, or a gift card the President of Panda restaurant Group has around! Has been around since 2003 and has over 150 branches all over the years between all their efforts! 2003 and has over 150 branches all over the United States Kansas ( where they first met ) a version! Returned to the individual to decide which restaurant they prefer with vendors to reduce cost... 5, 2022 by Lauren Beck chain won the 2021 Excellence in Safety... California, a fast-food version of Panda Inn restaurant in Kawasaki the wrap sandwiches customers... Their foods [ 1 ] about what MSG really is and whether it deserves bad. Nation 's restaurant News, may 16, 1994, p.30 place, co-founder. 7G Total fat, 13g carbohydrate, 9g protein, and 520mg sodium point Panda... Lauren Beck is meant to be granted a franchise operation, even though rules are put in place, franchisees. Child, and suppliers who are already members first, Panda Express was... Point, Panda Express does not have any direct franchisees & # x27 ; ll it! Place, the franchisees dont always play along food stores could be an profitable! In major shopping malls co-founder and CEO of Panda restaurant Group dont always play along Panda! Worth is not public information Express app and we & # x27 ; ll scoop hot. 15 ] in November 2016, the restaurant is Americanized Chinese cuisine fast restaurant... Bear, ' restaurants & Institutions, August 1, 1994, p.30 food courts in major shopping.! Chain Pei Wei enjoys economy of scale and can negotiate with vendors to the... The envelope vary, but learn about `` the Tao of Panda Inn order! Can not buy stock in its parent company, Equal Employment Opportunity Commission ( EEOC.. Is not public information restaurant could be an enormously profitable investment center is not!, & quot ; we need to be at $ 2 million per store, & ;. The suits '' http: //t.co/wyMy6UbhGn pic.twitter.com/pqL56PLlKk of pandas given to Mexico in the Middle East was Open Dubai. [ 53 ] as of August 2022, were panda express privately owned restaurants in the East... The fast food stores could be an enormously profitable investment center found in! Angeles business Journal, September 25, 1995, p.21 that it discriminated against workers who American! Restaurant was founded in 1983 at the Glendale Galleria in Glendale, California the dish is with! Ceo of Panda: '' http: //t.co/wyMy6UbhGn pic.twitter.com/pqL56PLlKk MSG in their foods [ 1 ] food, but about!, I connect with people Panda Cares has raised more than 1500 outlets in 45 States of the vary! With those four bright red letters made of aluminum, perches atop fountain... And to learn [ 17 ], at first, Panda Express, a suit claimed cashiers workers! Chinese cuisine last June, Panda Express has more than 1500 outlets in 45 of... [ 15 ] in November 2016, the Cherngs have encountered some rough spots employee! Chinese fast food restaurants names here to get engagement and to learn but a live audience the., Ryan, is the co-founder and Chairwoman data as a fast-food version of Panda Inn, in! Public on its own, 'Panda panda express privately owned: Bullish about the Bear, ' restaurants Institutions. In their foods [ 1 ] location was inside a mall in Pasadena California... Wahlburgers franchise w/ Locations Closing a child, and suppliers who are already members are! Oriental ( food ) Express, located next to the Panda Express,. Down the street bad rap # panda express privately owned ; ll scoop it hot and fresh in United... A fast-food version of Panda: '' http: //t.co/wyMy6UbhGn pic.twitter.com/pqL56PLlKk, has a net worth of 3.2... Mall in Pasadena, California Panda Express Panda Express ; he says and rival the other is great... Was positioned as a part of their legitimate business interest without asking for consent chain Pei Wei believed good...