CJ Foodville closes last Bibigo outlet in Southeast Asia

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CJ Foodville, a subsidiary of South Korea’s CJ Group, has closed its Bibigo’s Pacific Place store in Jakarta, Indonesia, its last outlet in Southeast Asia. Its operation in Indonesia posted USD 446,000 in operating losses in 2016. CJ Foodville also suffered losses in the Singapore market where it cl...

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Arief Fachrudin
Managing Editor, Poultry & Meat Asia, Jakarta, Indonesia. Arief discovered interesting trends in the regional poultry industry during VIV Asia 2023 and shared them in ‘4 factors driving growth of poultry production in Asia’.