South Korean convenience store giants BGF Retail and GS25 expand globally in Southeast and Central Asia, driven by economic growth and Korean culture interest.
South Korean convenience store giants are expanding globally, targeting Southeast and Central Asia due to economic growth and increased interest in Korean culture. Market leaders BGF Retail and GS25 have established 1,168 overseas outlets, with GS25 leading in Vietnam and Mongolia (573 stores) and BGF Retail operating in Mongolia, Malaysia, and Kazakhstan (543 stores). Emart24, a smaller player, has 52 stores in Malaysia.
June 16, 2024
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