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Analysis: Why Mongolia is an emerging growth market for South Korean coffee chains

Seoul-based Coffee Bay is the latest South Korean branded coffee chain to launch in Mongolia amid the soaring popularity of Korean culture, products and lifestyle brands in the landlocked country

Highrise buildings in Ulaanbaatar, Mongolia | Photo credit: Uudam Mendsaikhan

Seoul-based Coffee Bay is the latest South Korean branded coffee chain to launch in Mongolia amid the soaring popularity of Korean culture, products and lifestyle brands in the landlocked country

It may have the smallest population in East Asia at just 3.5 million, but Mongolia has become an attractive market for branded coffee chains from one of the wider region’s hottest coffee shop scenes – South Korea.

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