Fubon Multimedia Considers Food Delivery Platform Acquisition; Chairman Tsai Ming-chung Seeks Quick-Commerce Growth
Key facts
- Fubon Multimedia Considers Food Delivery Platform Acquisition; Chairman Tsai Ming-chung Seeks Quick-Commerce Growth
- Fubon Multimedia (momo) Chairman Tsai Ming-chung revealed at the shareholder meeting that the company had evaluated acquiring a food delivery platform to create logistics synergies and develop 'quick-commerce'.
- Source: PR Times
- Date: May 27, 2026
Direct answer
Fubon Multimedia (momo) Chairman Tsai Ming-chung revealed at the shareholder meeting that the company had evaluated acquiring a food delivery platform to create logistics synergies and develop 'quick-commerce'.
- Citation
- Fubon Multimedia Considers Food Delivery Platform Acquisition; Chairman Tsai Ming-chung Seeks Quick-Commerce Growth (May 27, 2026), PR Times
- Source
- PR Times
- Date
- May 27, 2026
Fubon Multimedia (momo) Chairman Tsai Ming-chung revealed at the shareholder meeting that the company had evaluated acquiring a food delivery platform to create logistics synergies and develop 'quick-commerce'.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 14:08
- 🔍 Collected: May 31, 2026 at 23:42 (105h 34m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 01:03 (25h 21m after Collected)
Facing new competition from retail giants like Uni-President and PX Mart, Fubon Multimedia (momo) Chairman Tsai Ming-chung revealed for the first time that the company had evaluated acquiring a food delivery platform. He noted that logistics and e-commerce could create synergies, and he hopes to further develop 'quick-commerce' services, similar to how Coupang operates in South Korea. Tsai stated that Taiwan's e-commerce penetration rate is only about 13% to 14%, significantly lower than the 20% to 30% seen in other countries, suggesting the market is not yet saturated. He also highlighted that momo has never raised capital from shareholders since its inception and is currently focusing on heavy capital expenditure for logistics centers to secure long-term competitiveness.
FAQ
What is momo's future strategy?
Focusing on logistics infrastructure and developing quick-commerce capabilities.
What are the key facts in this article?
Fubon Multimedia (momo) Chairman Tsai Ming-chung revealed at the shareholder meeting that the company had evaluated acquiring a food delivery platform to create logistics synergies and develop 'quick-commerce'.
What is the direct answer?
Fubon Multimedia (momo) Chairman Tsai Ming-chung revealed at the shareholder meeting that the company had evaluated acquiring a food delivery platform to create logistics synergies and develop 'quick-commerce'.