Uni-President Enterprises Corporation

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Uni-President Enterprises Corporation (Chinese: 統一企業公司; pinyin: Tǒngyī Qǐyè Gōngsī; Wade–Giles: T'ung-i Chi-yeh) 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]

Uni-President Enterprises Corporation
統一企業公司
Company typePublic
TWSE: 1216
IndustryFood production
Founded1967; 57 years ago (1967)
FounderKao Ching-yuen
Headquarters,
Area served
Worldwide
Key people
Alex Lo (President)
ProductsDairy products
Beverages
Snack foods
Instant noodles
RevenueIncrease NT$456 billion (2013)
Number of employees
188,931
SubsidiariesPresident Chain Store (7-Eleven Taiwan)
COSMED
books.com.tw
Dream Mall
Websitewww.uni-president.com.tw
Uni-President Enterprises Corporation
Traditional Chinese統一企業公司
Simplified Chinese统一企业公司
Transcriptions
Standard Mandarin
Hanyu PinyinTǒngyī Qǐyè Gōngsī
Wade–GilesT'ung3-i1 Chi4-yeh4 Kung1-szu1
Tongyong PinyinTǒngyī Cǐyè Gōngsīh
Yale RomanizationTǔngyī Chǐyè Gūngsz̄
IPA[tʰʊ̀ŋí tɕʰîjê kʊ́ŋsɹ̩́]
Southern Min
Hokkien POJThóng-it Khì-gia̍p Kong-si

History

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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.[citation needed]

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

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References

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  1. ^ a b Wang, Yi-chih (2020-05-29). "How a Flour Mill from Tainan Became the World's 12th Largest Food Conglomerate". CommonWealth Magazine. Vol. 698. Retrieved 2024-10-01.
  2. ^ 統一企業網站 研究發展
  3. ^ Teng, Cathy (September 2022). "Taiwan's Specialty Markets: Dihua Street and the Taipei Flower Market". Taiwan Panorama Magazine. Retrieved 2024-10-01.
  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. ^ Ho, Hsiu-ling; Kao, Evelyn (7 July 2024). "FTC approves Uni-President-Yahoo e-commerce joint venture deal". Central News Agency. Retrieved 22 October 2024.