Uni-President Enterprises Corporation Explained

Uni-President Enterprises Corporation
統一企業公司
Type:Public
Founder:Kao Ching-yuen
Location City:Yongkang, Tainan
Location Country:Taiwan
Area Served:Worldwide
Key People:Alex Lo (President)
Industry:Food production
Products:Dairy products
Beverages
Snack foods
Instant noodles
Revenue: NT$456 billion (2013)
Num Employees:188,931
Subsid:President Chain Store (7-Eleven Taiwan)
COSMED
books.com.tw
Dream Mall
Showflag:stp
First:t
T:統一企業公司
Tp:Tǒngyī Cǐyè Gōngsīh
S:统一企业公司
P:Tǒngyī Qǐyè Gōngsī
Myr:Tǔngyī Chǐyè Gūngsz̄
W:T'ung3-i1 Chi4-yeh4 Kung1-szu1
Poj:Thóng-it Khì-gia̍p Kong-si

Uni-President Enterprises Corporation is an international food conglomerate based in Tainan, Taiwan. It is the largest food production company in Taiwan and the 12th largest in the world,[1] and has a significant market share in dairy products, foods and snacks, and beverages. Through its subsidiary company President Chain Store Corporation, it is also responsible for running Starbucks, 7-Eleven, Mister Donut, Carrefour and Muji in Taiwan, making it Taiwan's largest retail operator. In addition, Uni-President has subsidiaries in the United States, mainland China, Vietnam, South Korea, Malaysia, Thailand and the Philippines.[2]

History

In 1967, the "President Enterprise Corporation" was founded in Syuejia, Tainan County by Kao Ching-yuen. It started with the production of flour and feed.[3] [4]

In 1969, Uni-President began preparations for the production of instant noodles and cooperated with Nissin Milling Technology to that end, and subsequently invested and set up factories in Thailand and established dealers in Hong Kong.

In 1989, Uni-President formed the Uni-President Lions, a professional baseball team playing in the Chinese Professional Baseball League.

In 1992, Uni-President established a subsidiary on mainland China, Uni-President China.

In July 2024, Uni-President received approval from the Taiwan Fair Trade Commission to acquire an 80% majority stake in Yahoo's Taiwan e-commerce business for US$25 million.[5]

See also

Notes and References

  1. News: Wang . Yi-chih . 2020-05-29 . How a Flour Mill from Tainan Became the World's 12th Largest Food Conglomerate . 2024-10-01 . CommonWealth Magazine . 698.
  2. 統一企業網站 研究發展
  3. Web site: Teng . Cathy . September 2022 . Taiwan’s Specialty Markets: Dihua Street and the Taipei Flower Market . 2024-10-01 . Taiwan Panorama Magazine .
  4. Numazaki . Ichiro . December 1993 . The Tainanbang: The Rise and Growth of a Banana-bunch-shaped Business Group in Taiwan . The Developing Economies . 31 . 4 . 491.
  5. News: Ho . Hsiu-ling . Kao . Evelyn . FTC approves Uni-President-Yahoo e-commerce joint venture deal . 22 October 2024 . Central News Agency . 7 July 2024.