Chipotle Mexican Grill Announces Opening Of First Asia Restaurant In Seoul Through Joint Venture With Sangmidang Holdings; Plans Two More South Korea Locations By End Of 2026, First Singapore Location In 2027
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Why It Matters
Chipotle is opening its first restaurant in Asia by partnering with a Korean company, with plans for more locations in South Korea and Singapore soon. This shows the company thinks there's a big opportunity to grow in new parts of the world where it hasn't done business before.
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