Middleby acquires South Korea’s Icetro to grow beverage business
The deal will expand Middleby’s offerings in ice, adding a selection of cubed and flaked machines.
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McDonald’s looking to divest South Korean business
The planned divesture is said to be due to rising costs and wages, as well as new entrants into the…
Fast-food chains’ localised Ramadan menus in Asia show promising market for MNC
With Covid-19 restrictions being relaxed in most countries, foodservice companies are striving to bring guests back to restaurants.
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Popeyes collaborates with Silla Group to re-enter South Korea
Popeyes, an American fried chicken restaurant chain owned by Restaurant Brands International, entered into a master franchise and development agreement…
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Popeyes signs franchise agreement to enter South Korea
The first Popeyes restaurant in South Korea is scheduled to open this year.
South Korea starts drone pizza delivery trials in Sejong city
Two drones are being deployed to deliver pizzas to customers at Sejong Lake Park.
Delivery Hero agrees to sell Delivery Hero Korea for $687m
By divesting the South Korean unit, Delivery Hero intends to obtain regulatory approval for Woowa Brother acquisition.
McDonald’s reports data breach in US, South Korea and Taiwan
McDonald's said that its day-to-day activities were not affected, and no ransom is involved.