16 Facts About CP Group

CP Group describes itself as having eight business lines covering 13 business groups.

When China opened up its economy in 1978, the CP Group was the first foreign investor in the country and became the first foreign company registered in the special economic zone of Shenzhen, Guangdong.

CP Group is the single largest investor in Mainland China today commanding over fifth of China's entire feed meal market.

The CP Group expanded internationally exporting their contract farming formula across Southeast Asia and around the world to Mexico, Taiwan, Portugal, Mainland China, Indonesia, Turkey, and the United States.

CP Group further integrated its business to include livestock farming, marketing, and distribution, under Dhanin Chearavanont.

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CP Group was known for vertical integration, expanding into several business lines, adding breeding farms, slaughterhouses, processed foods production, and, later, its own chain of restaurants.

CP Group would expand into Shanghai by manufacturing motorcycles under license from Honda and brewing beer with a license from Heineken.

In 1990, the CP Group acquired a stake in TelecomAsia, a joint venture with US telecommunications firm NYNEX to build and operate two million telephone lines in Bangkok worth some US$3 billion.

The CP Group acquired interests in satellite launch, cable television, and mobile telephone services.

CP Group sold its stakes in the Tesco Lotus venture with Tesco in 2003 due to its crisis policy in order to focus on 7-Eleven, in which, unlike Tesco, CP owns a majority, as its flagship retail arm.

On 9 March 2020, CP Group submitted the winning bid to purchase Thai retailer, Tesco Lotus, for about US$10.

In September 2021, CP Group raised $150 million from existing investors, raising the valuation of its Ascend Money subsidiary to $1.

The CP Group acquired the rights to distribute the convenience store in 1987.

CP Group has plans to open approximately 700 new stores annually, with the goal of 10,000 stores in 2017.

On November 22,2021, Telenor and Charoen Pokphand CP Group, officially announced they have agreed to explore a USD 8.

CP Group has worked to improve the traceability of the fishmeal element of its supply chain since 2012, and broadened this effort to encompass a full traceability system for its farmed shrimp supply chain in 2014.