South Korean brand GOPIZZA reaches US$43m investments

The group recently secured an investment of US$10m from a Thai conglomerate.

South Korean pizza brand GOPIZZA has raised $10m from CP All, the operator of 7-Eleven in Thailand which is owned by the Thai conglomerate Charoen Pokphand Group.

This brings GOPIZZA’s total cumulative investment to over $43m.

GOPIZZA plans to use the fresh funding to strengthen its position in Thailand, with plans to open more than 20 outlets before the end of the year. GOPIZZA first opened its flagship outlet in Thailand in December 2023 as well as its Cosmo Bazaar in April this year.

“We recently saw great success with our GS25 business model and that has clearly demonstrated our potential and viability, paving the way for a strong collaboration with CP All. Through active cooperation with CP Group, we are confident that we will continue to grow and strengthen our presence in Thailand. Our goal is to become the world's most accessible pizza brand in the world and we are committed to maintaining our high standards of quality and innovation, ensuring that our customers, no matter where they are, can enjoy our distinctive pizza experience,” Jay Lim, CEO of GOPIZZA said.

Jay will be a speaker at the upcoming QSR Media Conference & Awards 2024 powered by Redbull.

Founded by Jay Lim in 2016, GOPIZZA began as a food truck at the Seoul Night Market in South Korea and has since expanded significantly across Southeast Asia and beyond, including Indonesia, India, Thailand, Malaysia, Singapore, and Japan.

Today, GOPIZZA has over 450 outlets.

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