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Jumbo to open 8 outlets in Taiwan

Samantha Chiew Published on Mon, Nov 06, 2017 / 6:38 PM GMT+8

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SINGAPORE (Nov 6): Jumbo Group today announced that it has entered into a joint venture (JV) agreement with Baipin Co. to introduce the “JUMBO Seafood” brand to Taiwan.

Under the agreement, the group plans to open at least eight Jumbo Seafood outlets in Taiwan.

The restaurants will then be operated by a JV company incorporated in Taiwan, in accordance with the franchise agreement to be entered between the JV Company and Jumbo’s wholly-owned subsidiary, Jumbo Group of Restaurants.