HaiDiLao Hot Pot

The name of the company originates from a mahjongterm in Sichuan, haidilao, literally meaning "fortune".At an early phase, it was a small shop selling malatang. Later it developed and expanded its menu range. Zhang Yong, who came from a small village in Sichuan, is the CEO of the company.

In addition to many locations in China, the company has restaurants in Hong Kong, Singapore, Taiwan, South Korea, and Japan.The first US outlet opened in Westfield Santa Anita (California) in September 2013.

Haidilao is known for their focus on customer service and for offering a variety of free services and entertainment for customers that include: board games, snacks, and manicures for waiting customers.[9][5][7]

Founded as a privately-held company, Haidilao filed to launch an initial public offering (IPO) in Hong Kong in 2018, aiming to raise up to US$700 million for further expansion.[5][8]