(BRK.A), (BRK.B)
International Dairy Queen, Inc. (IDQ), a Berkshire Hathaway company and parent of American Dairy Queen Corporation, has unveiled ambitious expansion plans across Hong Kong, Macau, Taiwan, and Qatar. The newly signed agreements call for the opening of 187 DQ® restaurants—both treat-only and hot-food-and-treat formats—over the next decade.
Hong Kong–based Shanghai Dairy Queen Limited will lead the brand’s entry into Hong Kong and Macau with 60 restaurants planned for Hong Kong and 12 for Macau by 2034. In Taiwan, SFB Corporation Limited, together with Shanghai Dairy Queen Limited, will develop 100 new locations. Qatar’s Al-Majid Jawad W.L.L. will expand its existing portfolio of 10 restaurants by adding 15 more by 2030.
“Entering new markets and growing existing ones is a key component of our growth strategy,” said Nicolas Boudet, COO International at IDQ. “With 7,700 DQ restaurants in more than 20 markets, we’re pleased to expand our footprint with experienced franchise groups committed to delivering positive memories for our guests.”
The first restaurant under these new agreements has already opened—launched on November 18 inside the iconic Taipei 101 tower in Taiwan.
© 2025 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.