Yahoo Finance -- Papa Bello Enterprises, Inc. (Pink Sheets: PAPA - News) is pleased to announce the Grand Opening of the company's first international franchised unit in Shanghai, China. The restaurant, located at 214 Tianyaoqiao Road in the Xuhuiqu District, opened its doors to the public on February 14th, 2009, filling to capacity. The Papa Bello Pizza restaurant is owned and operated by the regions Area Developers, Mr. Zhiqing Ma and Mrs. Hsiao (Cathy) Endy. This flagship location represents the first of a minimum of 60 restaurants to be constructed under the terms of the development agreement.
