{
  "id": 1425734,
  "title": "CJ eyes $8.47 bil. in annual sales in N. America by 2028",
  "url": "https://urgent.news/2026/08/17/cj-eyes-8-47-bil-in-annual-sales-in-n-america-by-2028-1425734",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-17T05:27:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260817/cj-eyes-847-bil-in-annual-sales-in-n-america-by-2028"
  },
  "original_language": "en",
  "account": "CJ Group has set an ambitious target of generating $8.47 billion in annual sales in North America by 2028, according to the company's mid- to long-term business strategy unveiled in Los Angeles on Saturday. The Korean conglomerate aims to capitalize on the growing popularity of K-culture to expand its presence in the region.\n\nIn 2023, CJ's sales in North America reached 8 trillion won, more than ten times the 800 billion won recorded in 2017. The company's compound annual growth rate over the eight-year period was approximately 33 percent.\n\nCJ Group CEO Heo Min-hoe emphasized the importance of building an ecosystem that connects the popularity of K-wave to K-lifestyle experiences to accelerate expansion in the North American market. The company's journey in the US began in 1995 with an investment in the film studio DreamWorks.",
  "summary": "CJ Group has set a goal of generating 12 trillion won ($8.47 billion) in annual sales in North America by 2028 through synergies among its Korean food, entertainment and beauty businesses. CJ unveiled its mid- to long-term North American business strategy at an event in Los Angeles on Saturday (local time), outlining plans to leverage the growing popularity of K-culture to expand its presence in…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "CJ eyes 12 tln won in annual sales in N. America by 2028",
        "url": "https://urgent.news/2026/08/17/cj-eyes-12-tln-won-in-annual-sales-in-n-america-by-2028",
        "published": "2026-08-17T04:55:48.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "CJ eyes $8.47 bil. in annual sales in N. America by 2028",
        "url": "https://urgent.news/2026/08/17/cj-eyes-8-47-bil-in-annual-sales-in-n-america-by-2028",
        "published": "2026-08-17T05:17:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}