Retail News CRM

Tag: GoPizza

  • South Korean Pizza Chain Gopizza Enters Malaysian Market Through Hextar Group Partnership

    South Korean Pizza Chain Gopizza Enters Malaysian Market Through Hextar Group Partnership

    GoPizza, a popular pizza chain based in South Korea, has finalized a master franchise contract with the Hextar Group, marking its debut in the Malaysian market.

    First Outlet Launch

    The company anticipates that the first Malaysian branch will be up and running either at the end of the third quarter or the beginning of the fourth quarter in 2021.

    GoPizza’s founder and CEO, Jay Lim, expressed his trust in the Hextar Group as a robust partner to facilitate the introduction of GoPizza in Malaysia. He expressed his excitement about the future collaboration with the Malaysian group.

    Hextar Group’s Partnerships

    The Hextar Group is not new to partnerships with international brands. They also partner with Luckin Coffee, a reputable coffee company from China. This has significantly boosted their portfolio in the food and beverage industry.

    GoPizza’s Rapid Growth

    GoPizza’s development has been swift and impressive, especially with its recent expansion into over 200 GS25 convenience store locations throughout South Korea last year. This followed a successful pilot program at GS25 The Gwan-Ak branch in Seoul, further solidifying their foothold in the market.

    The brand initially launched as a food truck and earned a reputation for its quick, personal-sized pizzas, ready in less than five minutes. The company now operates more than 1,200 outlets in various countries including South Korea, India, Singapore, Indonesia, and Thailand.

    Questions & Answers

    What is the origin of GoPizza?
    GoPizza originated as a food truck in South Korea, where it quickly gained fame for its personal-sized pizzas that are ready in under five minutes.

    What countries does GoPizza currently operate in?
    GoPizza currently has more than 1,200 outlets in South Korea, India, Singapore, Indonesia, and Thailand.

    What is the significance of GoPizza’s partnership with the Hextar Group?
    The partnership with Hextar Group marks GoPizza’s expansion into the Malaysian market. This collaboration will help introduce the GoPizza experience to a new audience and further its growth in the food and beverage sector.

  • South Korean pizza chain GoPizza eyes major Asian expansion

    South Korean pizza chain GoPizza eyes major Asian expansion

    South Korean fashion chain GoPizza has launched its first physical location in Indonesia as part of a broader Asian expansion plan.

    This brand’s first direct-to-consumer store in Indonesia is located in Jakarta. It follows the opening of a small store inside CGV Grand Indonesia in October of last year in collaboration with Korean multiplex operator CGV. The brand reportedly will open its second branch at Mall of Indonesia this month and the KM 6B Toll Rest Area the following month.

    Beyond Indonesia, the company aims to increase its footprint in India from 25 to 100 locations this year and is preparing to expand into other markets, including Vietnam, Thailand, Malaysia, and the US.

    Lees ook:

    Lees ook:

    Lees ook:

  • South Korean chain GoPizza bags $25 million in series C funding

    South Korean chain GoPizza bags $25 million in series C funding

    South Korea-based pizza chain GoPizza has bagged US$25 million in a series C funding round to fuel its expansion plan in India.

    The round was co-led by GS Ventures, CJ Investment, Mirae Asset Securities, NCore Ventures, Woori Bank, Capstone Partners, Big Basin Capital, DS Asset Management, and Pureun Investment.

    “The funding raised will allow us to massively scale our operations across the country and further cement our position in the Indian market…,” said Mahesh Reddy, CEO at GoPizza India. “Our plan is to launch 100 stores by next year.”

    The brand currently has 15 stores in the country and plans to increase its store number to 25 by the end of the year. Reddy added the fund will also be used to implement technologies in all outlets in India.

    “India is a key market for us and a majority of the investment will be directed to the Indian market,” said Jae Won Lim, founder and CEO of GoPizza.

    Known for its one-person, oval-shaped, fire-baked pizza with quick serving speed and affordable price, GoPizza operates 160 outlets across South Korea, Singapore, Indonesia, India, and Hong Kong.

    The pizza chain also aims to expand into new markets, including Thailand, Vietnam, Malaysia and the US.

    Lees ook:

    Lees ook: