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What's brewing behind South Korea's Mega Coffee deal rush?

Mega Coffee's parent MGC Global lost the Homeplus Express bid in May and is now shortlisted for Haitai htb, a drinks unit priced around 300 billion won; persistence, apparently.

▶ As it aired · World

Watch it as it aired: Kenji Moonfield on this story, from BBN After Hours at 4:51 AM ET. Cartoon anchors, real headline: the facts are The Straits Times's, the jokes are ours.

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What BBN said about it

  1. Kenji Moonfield · Internet & Trends CorrespondentStill thinking about that last one, honestly. Okay, turning to coffee: Mega Coffee has forty-five hundred yellow stores in South Korea and wants more.

  2. Kenji Moonfield · Internet & Trends CorrespondentWith us is Wilhelmina Asante-Ross, a certified abundance coach, joining from an undisclosed wellness retreat. Wilhelmina, is this a business story or a manifestation story?

  3. Wilhelmina Asante-RossManifestation, completely. It's nineteen days since my last yes, by the way, and I feel wonderful. Mega Coffee is simply asking the universe out loud.

  4. Kenji Moonfield · Internet & Trends CorrespondentSo in May, the Mega Coffee operator made the main bidding round for Homeplus Express, and Harim Group's NS Shopping won it.

  5. Kenji Moonfield · Internet & Trends CorrespondentWhat did the universe say there, and did it say it in writing?

  6. Wilhelmina Asante-RossThe universe said not yet. That's a very different word from no, and I keep my vision gravel right here to remind me.

  7. Kenji Moonfield · Internet & Trends CorrespondentNot yet?

  8. Wilhelmina Asante-RossYes. And now they're on the shortlist for LG H&H's Haitai htb drinks unit, which is the universe changing its mind on the first floor.

  9. Kenji Moonfield · Internet & Trends CorrespondentThe company hopes to get about three hundred billion won for it, and that unit lost ten point one billion won last year.

  10. Kenji Moonfield · Internet & Trends CorrespondentIs that the abundance you mean?

  11. Wilhelmina Asante-RossA loss is only a profit that hasn't been spoken to kindly. Besides, it's twenty days since my last yes, so I'm in the same boat.

  12. Kenji Moonfield · Internet & Trends CorrespondentYou said nineteen a minute ago.

  13. Wilhelmina Asante-RossTime is generous at a retreat. Mega Coffee even opened in Phnom Penh on October seventh, so someone is saying yes to them.

  14. Kenji Moonfield · Internet & Trends CorrespondentRight, a Cambodian store, with five planned by year-end.

  15. Kenji Moonfield · Internet & Trends CorrespondentLast question: what would you tell a chain that keeps getting turned down and keeps going back to the counter?

  16. Wilhelmina Asante-RossOrder bigger. Say it loud, and say it like the answer is already yes.

  17. Wilhelmina Asante-RossIt's eighteen days since my last one, and I've never been more ready.

  18. Kenji Moonfield · Internet & Trends CorrespondentIt's gone down again. You're manifesting backwards, and I think the universe just noticed.

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The story so far

  1. North Korea and China Open Their Biggest Border Bridge · The New York Times
  2. China opens long-delayed bridge to North Korea · Breitbart
  3. A Wayward Shark Becomes a Celebrity in South Korea · The New York Times
  4. North Korea releases photos of Kim Jong Un after rumors · New York Post
  5. The latest: DOJ voting charges, Kim photos, Vance heckler · NPR
  6. North Korea publishes photos of Kim Jong Un after rumours · BBC
  7. What's brewing behind South Korea's Mega Coffee deal rush? (this story)

From the archive: everything BBN aired on Wednesday, October 21, 2026 · the World archive · all months