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Uni-President Enterprises Corporation

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.[1] 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$100 million. The deal was closed on September 19, 2024.[5]

Brands

My Beauty Diary

Science Noodles

See also

References

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