Ediya opens 1st outlet in Laos in overseas expansion
SEOUL, Aug. 10 (Yonhap) -- Ediya Co., a major South Korean coffee franchise, sai...
Seoul, August 10 - Ediya Co., a leading South Korean coffee franchise, announced it has opened its inaugural outlet in Laos, marking its entry into Southeast Asian markets. Last year, Ediya entered into a master franchise agreement with Grandview Property Sole Co., a subsidiary of the local private conglomerate Kolao Group, to expand its franchise business abroad.
Under this arrangement, Ediya can open outlets within a designated region and sub-franchise them to third parties. The deal extends to opening branches in Cambodia and Myanmar, areas where Grandview Group is already active in distribution and construction sectors. Laos marks the fourth country where Ediya has expanded its coffee chain, following Guam in 2023, Malaysia in 2024, and Canada earlier this year.
Founded in 2001, Ediya provides affordable coffee in South Korea, currently operating 2,581 outlets across Asia, the country's fourth-largest economy.
Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
