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Ediya Coffee opens 1st outlet in Laos in overseas expansion

Ediya, a major Korean coffee franchise, said Monday it has opened its first outlet in Laos as it seeks to strengthen its presence in Southeast Asian markets. Ediya signed a master franchise agreement with Grandview Property Sole, a subsidiary of local private conglomerate Kolao Group, last year to expand its franchise business overseas, the company said in a press release. A master franchise…

Ediya Coffee opens 1st outlet in Laos in overseas expansion

Ediya, a prominent Korean coffee franchise, has inaugurated its inaugural store in Laos, marking a significant step in its overseas expansion strategy. The company recently entered into a master franchise agreement with Grandview Property Sole, a subsidiary of the local private conglomerate Kolao Group, to bolster its franchise business in Southeast Asian markets.

This agreement not only enables Ediya to open its own franchise units within a designated region but also empowers Grandview Property to sub-franchise them to third parties. As part of this strategic collaboration, the companies are jointly aiming to establish Ediya stores in Cambodia and Myanmar, regions where Grandview has established a strong presence in distribution and construction sectors.

This marks Laos as the fourth country where Ediya has expanded its coffee chain operations, following successful openings in Guam in 2023, Malaysia in 2024, and Canada earlier this year. Established in 2001, Ediya is renowned for offering relatively affordable coffee options, currently operating a total of 2,581 stores globally.

Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.

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