Mongolia

Retail Asia07/04/2023

South Korean chicken burger chain Mom’s Touch&Co. said Tuesday it inked a master franchise agreement with Mongolia’s Foodville Farm LLC, in its first steps to enter the central Asian country. Foodville Farm is an independent company established by the local franchise operator Monbakery LLC to expand the Mom’s Touch brand in Mongolia. The company operates […]

Retail Asia13/06/2022

At Asia Tech Singapore 2022, HE Bolor-Erdene Battsengel, State Secretary, Ministry of Digital Development and Communications, Mongolia, took to the stage to share her views on the changing roles of women in tech with fellow guest panellists. Digital governance is a key agenda for many countries. What have been some initiatives rolled out? Mongolia aims to build a digital nation. In this context, a number of basic system and […]

Retail Asia20/12/2021

SLA Digital has announced a new partnership with Unitel Group, a Mongolian telecommunications company, with Unitel naming SLA Digital as their managed service provider for carrier billing. As part of the relationship, SLA Digital will also be able to offer digital content providers access to Unitel’s other payment options including IPTV payments, Toki E-Wallet and […]

Retail Asia01/04/2019

Tealive parent Loob Holding, is planning an IPO to fund ‘aggressive expansion’. The company is looking to open 1000 Tealive stores in 15 countries by the end of next year. Along with another 150 new outlets in India by 2024. China is still its focus market, with 500 more outlets to come after first outlet […]

Retail Asia07/01/2019

Chinese online retail giant JD has opened two new innovative stores at Beijing Capital International Airport (BCIA) and Hohhot East Railway Station in Inner Mongolia. In a move to further expand the firm’s “boundaryless retail” strategy, the JD travel retail stores use the e-commerce company’s latest retail technology in order to make it easier and […]

Retail Asia29/06/2018

Korean conglomerate Lotte is launching its fast-food chain Lotteria in Mongolia. The brand’s restaurant franchise unit, Lotte GRS, will open its first location in the capital city of Ulaanbaatar and increase outlets to 10 over the next four years. The move follows an agreement with Mongolian restaurant and theatre operator Eugenetek Mongolia, which has signed […]

Retail Asia14/11/2017

Mongolia recently got its second E-mart, the discount chain of Korean retail giant Shinsegae. Unlike the first store, which has its own building, the second store is renting 5,000 square meters on the first and second floors of the Solo Mall in western Ulaanbaatar. The new store sells 12,000 types of goods, with Korean products accounting for […]

Retail Asia07/12/2016

Little Sheep Hot Pot, a Yum Brands Inc. company, yesterday signed a partnership agreement with HGB Food Industry Co. Ltd. to bring its Mongolian hot pot restaurant to Cambodia. HGB Food Industry is a subsidiary of private local investment company HGB Group, which focuses on the domestic automobile industry, food and retail goods. Little Sheep’s […]

Retail Asia18/11/2016

Korean bakery Tous les Jours has opened its first stores in Mongolia as it broadens its Asian footprint. Two Tous les Jours Mongolia shops have opened in Ulaanbaatar in what the company sees as another step in its plan to become a global bakery brand. Besides Mongolia, the brand’s parent CJ Foodville has 270 Tous […]

Retail Asia01/09/2016

DHL Global Forwarding has launched road and multimodal freight services linking Mongolia to Europe and the US. The new road connection to continental Europe has a transit time of less than 20 days and passes through Russia and Belarus. It supports different business sizes by offering both full truck load and less-than-truck load options. “Mongolia’s […]

Retail Asia27/07/2016

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SPAR, the world’s largest food retail voluntary chain, has announced a new partnership with conglomerate Max Group LLC, to open its first stores in Mongolia. The partnership, which will see up to 60 SPAR-branded multi-format stores in Mongolia by 2020, was made at an official signing ceremony which took place during the visit of the […]

Retail Asia24/08/2015

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QKL Stores a regional supermarket chain in Northeastern China and Inner Mongolia, has announced improved sales, but lower profit in the second quarter. Zhuangyi Wang, chairman and CEO, said the company had boosted its promotional activities in existing stores to strengthen its competitive position. Second quarter sales rose 9.2 per cent to US$56.4 million and […]

Tag: Mongolia

South Korean burger chain Mom’s Touch to expand into Mongolia

Mongolia to Take Digital Development to a New Level

SLA Digital partners with Unitel on direct carrier billing in Mongolia

Tealive parent Loob Holding eyes on IPO

JD stores open in Beijing and Mongolia

Lotteria to debut in Mongolia

E-mart opens 2nd store in Mongolia

Mongolian Hot Pot Coming to Phnom Phen

First Tous les Jours Mongolia store opens

DHL Introduces Multimodel Mongolian Connection

Spar International Expands to Mongolia

Profit falls as QKL Stores buys market share