Good Bad Billionaire

Peggy Cherng: Engineering a fast-food fortune

Feb 9, 2026
An engineer turns restaurant service into an efficiency and data experiment. A mall food-court test becomes a nationwide fast-food chain through strict standardisation and custom tech. The story traces the creation of a signature orange chicken and choices to prioritize control over rapid franchising. It also touches on legal disputes, family business strategy, and a very private leadership style.
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ANECDOTE

Engineer Observes Lunchrush Experiment

  • Peggy Chiung watched a mall lunch rush while tracking dish movements on a computerized system she built.
  • That early efficiency experiment in 1983 set the tone for Panda Express's data-driven operations.
INSIGHT

Custom POS Gave An Early Data Edge

  • Peggy wrote bespoke software for point-of-sale systems to track sales and dish popularity.
  • That early use of POS data let Panda Express optimise menu and operations before such data became common.
ADVICE

Standardise Processes And Show Freshness

  • Standardise recipes and kitchen processes to ensure consistent quality across locations.
  • Use visible kitchen design and fresh displays to signal quality and speed to customers.
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