Panda Restaurant Group
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| Private | |
| Genre | Chinese and Japanese restaurants |
| Founded | 1973 |
| Founder | Andrew Cherng |
| Headquarters | 1683 Walnut Grove Avenue, Rosemead, California 91770 U.S. (626-799-9898), Rosemead, California |
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Number of locations
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1,900 |
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Area served
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43 U.S. states, Puerto Rico, and Mexico |
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Key people
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Andrew Cherng, Chairman & Co-CEO Peggy Tsiang Cherng, Co-Chairman & Co-CEO |
| Revenue | $2.5 billion (2016) |
| Owner | Cherng family |
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Number of employees
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30,000 |
| Website | http://www.pandarg.com/ |
Panda Restaurant Group, Inc., parent company of Panda Inn, Panda Express & Hibachi-San, was founded by Andrew and Peggy Tsiang Cherng and Andrew's father, Master Chef Ming-Tsai Cherng, the family originating in the Yangzhou region of China's Jiangsu province. They started their first Panda Inn restaurant in 1973 in Pasadena, California. The group has its headquarters in Rosemead, California.
Andrew Cherng '70 and his wife Peggy Tsiang Cherng met at Baker University in Baldwin City, Kansas. Peggy Cherng went on to receive her B.S. degree in Mathematics from Oregon State University in 1971 and a Ph.D. in Electrical Engineering from the University of Missouri.The company debuted on Forbes' 2016 edition of America Largest Private Companies
The Panda Restaurant Group includes Panda Express, Panda Inn, and Hibachi-San.
Panda Express, the most popular, has 1,900 locations as of 2016., making it the largest Chinese fast food chain in the United States.
Panda Inn, a sit-down restaurant chain, has 6 locations, all of which are in California, plus Wasabi, a Japanese concept.
In July 2017, the company pledged $10 million to the Children's Hospital Los Angeles, where the sixth floor will be renamed the Panda Express Floor.
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Wikipedia