
Mega MGC Coffee Approaches 4,500 Stores Across South Korea
The value-focused chain opened its 4,466th outlet in August, pulling ahead of Ediya Coffee in a national market holding over 100,000 cafes.
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The value-focused chain opened its 4,466th outlet in August, pulling ahead of Ediya Coffee in a national market holding over 100,000 cafes.

South Korea’s Ediya Coffee has dropped its plan to go public this year, opting instead to re-enter China through Beijing. “In terms of growth and profit margin, we are fully ready for an IPO, but we decided we must tend to our franchisees first,” says CEO…

South Korea’s Ediya Coffee says it is the first Korean cafe chain to open its 2000th store. The milestone comes just 15 years since the brand was founded in 2001. Only last year did the chain open its 1500th store, demonstrating the rapid pace of the…
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