ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business

Competitors to 7-Eleven Malaysia are catching up

Rivals gain ground offering different business models and product line-up

Malaysia's myNEWS.com convenience store is taking on market leader 7-Eleven.

KUALA LUMPUR -- Competition is heating up in Malaysia's convenience store market. Store expansion by existing players and the entry of at least one foreign player recently have posed a challenge to 7-Eleven Malaysia, which has about 80% of the market.

"We have met the target for 2016 and we have the same target this year," said Dang Tai Luk, chief executive of Bison Consolidated, the company that runs rival convenience store myNEWS.com.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more