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The number of franchised coffee branches in South Korea rose by more than 3,000 on-year in 2022 on growing demand for food and beverages with the ebbing of the COVID-19 pandemic and the expansion of budget brands, the antitrust regulator said. The country had 26,217 franchise coffee shops as of the end of 2022, up 13 percent from the previous year's 23,204, according to data from the Fair Trade Commission. It ma...

The number of coffee franchises in Korea rose by more than 3,000 on-year in 2022 on rising demand for food and beverages after the COVID-19 pandemic and the expansion of budget brands, the antitrust regulator said Monday.

Region's consumer foodservice tops pre-covid level by 2024, reaching US$1,300 billion

Multiple video advertisements featuring Taehyung were published in January by Compose Coffee. In the ads, he plays the part of a music composer...

BTS Kim Taehyung earned more than 6 billion KRW (about $4.61 million) as a model for the Compose Coffee advertising campaign....