Chipotle Mexican Grill has entered a joint venture with South Korea-based SPC Group to launch the brand’s first restaurants in South Korea and Singapore.
The partnership plans to open locations in South Korea and Singapore in 2026, marking a significant step in Chipotle’s international growth strategy. The move follows growing consumer demand for convenient, fast-casual dining in both markets.
SPC Group, which operates more than 7,000 stores globally and has introduced several U.S. brands to Asia, will leverage its market expertise to support Chipotle’s expansion. The joint venture is part of a broader global push for the company, which has signed development agreements in recent years to expand into the Middle East and Mexico. Chipotle currently operates more than 3,800 restaurants worldwide, including company-owned units in Canada, the United Kingdom, France and Germany.
Chipotle’s international portfolio continues to grow through strategic partnerships. Agreements with Alshaya Group have led to six restaurants in the Middle East, and a development deal with Alsea S.A.B. de C.V. will bring the brand to Mexico in 2026. The company plans to open between 315 and 345 new restaurants this year and is targeting 7,000 locations in the United States and Canada in the long term.
