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GS Group’s comfort retailer chain GS25 mentioned Monday it has opened its a hundredth outlet in Mongolia since its entry into the East Asian nation 16 months in the past.
GS25 goals to develop the variety of retailers in Mongolia to greater than 500 by 2025 by launching extra custom-made meals merchandise.
For its enlargement in Asia, the corporate entered Vietnam in 2018 and at present operates 186 retailers within the Southeast Asian nation.
BGF Retail’s CU was fast to enter the Mongolian comfort retailer market.
CU opened its 2 hundredth comfort retailer outlet in Mongolia in April because it seeks to strengthen its presence there.
Mongolia is seen as a promising marketplace for Korean comfort retailer operators, with the variety of folks aged below 35 taking over greater than 60 per cent of the overall inhabitants.
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