1. Global pizza chain Domino’s Pizza has expanded its global presence with the opening of the first restaurant in Dhaka Bangladesh. This international pizza chain has started their business in Bangladesh by a partnership between Jubilant Food Works Ltd (JFL) and Golden Harvest QSR. JFL will be the majority shareholder with 51% of total shareholding, while Golden Harvest QSR will hold 49%. They are planning to open additional locations in the country later this year. Domino’s currently operates more than 15,900 stores in over 85 markets globally. The chairman of Jubilant Food Works Limited said, “Bangladesh is a key strategic market with immense potential for growth in the food service industry. We will serve high quality pizza with international flavours complementing the taste of Bangladeshi customers. “Domino’s Pizza comes to Bangladesh with a menu that is a unique combination of some of the top internationally favourite pizzas, along with pizzas which were developed especially for Bangladesh,” he said. In light of the case, which entry mode is Domino’s Pizza using to enter Bangladesh? Explain with relative pros and cons.
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