Didim, Promoting Overseas Market Expansion by Combining K-Food and K-Content
[Asia Economy Reporter Hyungsoo Park] Dining company Didim has issued convertible bonds worth 24 billion KRW to promote investment in K-content.
The raised funds will be invested in K-content companies such as webtoons and dramas, and Didim plans to actively pioneer overseas markets by integrating these with its K-food business.
Didim is attempting new marketing methods to increase brand awareness of its own brands, including Yeonan Sikdang. Moving beyond indirect advertising (PPL) through dramas or entertainment programs, it is enhancing brand recognition by linking with content from the planning stage.
Didim is pursuing marketing strategies to expand franchise stores both domestically and internationally. It expects this to be effective in selling Ready Meal Restaurant (RMR) products.
It has become a global trend for distribution companies to acquire or partner with content companies for synergy. Didim’s new content business strategy, combining franchise business and distribution business, is expected to generate synergy.
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Didim operates 42 stores in 10 countries worldwide, including the United States, Singapore, and Hong Kong. It has set a goal to operate 100 stores overseas by 2026.
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