Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan, the company’s CEO said, even as geopolitical concerns with China simmer.
Owned by Warren Buffett’s Berkshire Hathaway since 1998, the fast-food chain counts China as its second-largest market, operating more than 1,250 stores there out of more than 7,000 worldwide.
Tensions between the United States and China have been rising, with some investors worried that China might invade or seek to reunify Taiwan soon.
Troy Bader, chief executive of International Dairy Queen Inc., said the company often looks to markets adjacent to existing ones, so it can take advantage of existing supply chains, when considering where to expand….