1. 24h PHỞ acquirer
Spending more than $ 20 million to acquire 100% stake in the chain of pho 24h system is seen as a strategic move of Highland.
There are 2 ways to do business popular chain stores. One is now after branding, marketing for the chain stores will carry a franchise like the case of Pho 24. The second is enterprise management and its chain stores do not sell franchises as Highlands Coffee before selling 50% stake to Jollibee.
but in that moment, Pho 24 has other business models with Highlands Coffee. Pho 24 brand plus signs come down and be damn expensive consumer (up from 24,000 VND / bowl in 2003 to 39,000 VND / bowl 2012), quality of service decline, does not guarantee the quality of copper the most in the series.
But this time his strategy David Thai is not just stop at Pho 24h merging with highlands, but also taking into account the financial benefits.
The first benefit of pho 24h after the acquisition that is Highlands were given this famous noodle brand on his menu
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