Overview
- The dim sum chain was founded by restaurateur Kurt Zdesar in 2005 and grew to a peak of 12 London locations.
- It reported trading losses of £1.4 million in the year to March 2020 as Covid-19 restrictions hit customer footfall.
- After halving its estate and entering administration by 2022, the chain faced further backlash in 2024 over a 15% discretionary brand charge.
- Customers took to social media to express sadness and nostalgia over the loss of their favourite dim sum spot.
- Industry analysts say Ping Pong’s demise underscores broader financial pressures on UK hospitality from rising costs and post-pandemic recovery challenges.