Hanwha-owned burger chain Five Guys Korea up for sale two years after launch

South Korea’s Hanwha Group is seeking to sell the Korean operations of US premium burger chain Five Guys, two years after the brand’s hi...

Deal graveyard: S.Korean F&B franchise sales left without takers

Korean food is making waves globally, but back home, the story is different for food and beverage franchise operators. Franchisors in South Korea ar...

Mom's Touch to enter Laos in 2025

South Korean homegrown burger and chicken brand Mom's Touch & Co. said on Wednesday that it signed a master franchise agreement with Laos-based ...

Mom's Touch adds two new restaurants in Mongolia

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday that it has recently opened its sixth and seventh stores i...

Mom's Touch opens new flagship store in Myeongdong

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Tuesday that it opened a new flagship store in Myeongdong, Jung-g...

Burger, chicken franchises raise prices after elections

Fried chicken and hamburger franchises in South Korea have sharply bumped up their food prices following the parliamentary elections last week as th...

End of the Whopper, Burger King's belated April Fool’s prank?

Burger King on Monday announced a plan to stop selling its iconic Whopper hamburger in South Korea this month after 40 years, provoking an outcry am...

Burger Please!, world’s third-most downloaded app in 2023

A hyper-casual game developed by South Korea’s fledgling gaming publisher Supercent was the world’s third-most downloaded newly launched...

Mom’s Touch to open first store in Japan

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Monday that it will open its first directly managed store Shibuya...

Mom's Touch Tokyo pop-up store visitors exceed 30,000

South Korean homegrown burger and chicken brand Mom's Touch & Co. announced on Friday its pop-up store in Shibuya, Tokyo, Japan successfully con...

Spicy food craze sweeps South Korea

South Korea, famous for the spicy kick in its cuisine, is going the extra mile to turn the nation red hot with extremely spicy food, believed by Kor...

Mom's Touch to open pop-up store in Tokyo

South Korean homegrown burger and chicken brand Mom's Touch & Co. on Wednesday announced that it plans to open its first overseas pop-up store "...

McDonald’s to increase locations by 25% in S.Korea by 2030

McDonald’s Corp., the world’s top fast-food restaurant operator, is set to increase the number of its locatons in South Korea by 25% to ...

US burger chain Five Guys to launch in South Korea on June 26

The American burger chain Five Guys, which has attracted keen interest in South Korea for its service and prices even before its entry into the coun...

Lotte considering opening In-N-Out Burger stores in S.Korea

One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...

US burger giant Five Guys set for June S.Korea debut

Five Guys, one of the top three burger brands in the US, will open in June its first branch in South Korea in Seoul’s posh Gangnam District. W...

Affinity refinances $130 mn debt as Burger King sale delayed

Affinity Equity Partners has refinanced 170 billion won ($130 million) in debt borrowed to acquire Burger King’s operations in South Korea and...

PAG joins race to buy Korean burger chain Mom's Touch

Pacific Alliance Group (PAG), a Hong Kong-based alternative investment firm, joined the bidding on Jan. 10 to acquire a 100% stake in South Korean h...

Lotteria launches renewed soybean-based meat burger

Lotteria, South Korea's fast food franchise run by Lotte GRS, launched "Ria Miracle Burger II" with 100% plant-based patties using soy protein.It is...

Mom's Touch opens 2nd restaurant in Bangkok

South Korea's F&B franchise Mom's Touch announced on Wednesday that it has opened its second store "K Chimaek" in Bangkok, Thailand.Chimaek, a c...

South Korean burger franchise Lotteria looks to the US for expansion

South Korea’s fast food franchise Lotteria is planning to enter the United States, home to the world’s best-known burger franchises.&nbs...

McDonald’s to sell Korea operation, heating up burger M&As

McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers an...

Affinity to send teaser for Burger King Korea, Japan sale

Affinity Equity Partners is set to send an investment teaser this week for the planned sale of Burger King’s operations in South Korea and Jap...

Affinity picks Goldman as adviser for Burger King Korea, Japan sales

Affinity Equity Partners has chosen Goldman Sachs as its adviser for the planned sale of its entire stakes in Burger King’s operations in Kore...

Burger King's Korea, Japan operations up for sale

Affinity Equity Partners is putting Burger King's operations in South Korea and Japan up for sale, after the US hamburger franchise overtook its big...