Humble Beginnings in 1996
The Mynews journey began in 1996 when founder Dang Tai Luk opened a small newsstand in Petaling Jaya, Selangor. The kiosk primarily sold newspapers and magazines, catering to the local community’s need for information and light reading. Little did Dang know that this modest venture would one day grow into a nationwide retail powerhouse.
Unlike multinational convenience store chains, Mynews was built with a deep understanding of the Malaysian market. The business thrived by focusing on customer needs and adapting to changing consumer preferences.
The Transition to Convenience Retail
By the early 2000s, Mynews evolved beyond selling print media. Recognizing the decline in print readership and the rise of convenience retail, the company expanded its product offerings to include snacks, beverages, and essential household items. This shift marked the beginning of Mynews as a full-fledged convenience store chain.
In 2007, Mynews opened its first flagship convenience store in 1 Utama Shopping Centre, signaling its ambition to compete with established brands like 7-Eleven.
A Commitment to Localized Offerings
One of Mynews’ strengths lies in its focus on local preferences. The brand introduced a wide range of ready-to-eat meals, catering to Malaysia’s diverse culinary tastes. Items like onigiri, nasi lemak, and fusion sandwiches quickly gained popularity among busy urbanites looking for quick, affordable meals.
Mynews’ ability to combine local flavors with international trends is a key reason for its sustained growth. It doesn’t just sell products; it offers an experience tailored to Malaysian lifestyles.
A Nationwide Presence
Today, Mynews operates over 600 outlets across Malaysia, with a strong presence in urban areas, shopping malls, and transit hubs. Its growth is a reflection of a well-executed expansion strategy, supported by a focus on customer convenience and location accessibility.
The company’s franchise model has also played a significant role in its success, empowering entrepreneurs to join the Mynews family and contribute to its growing footprint.
Embracing Technology and Sustainability
Mynews has embraced digital transformation to enhance its customer experience. With initiatives like self-checkout kiosks, mobile payment options, and loyalty programs, Mynews ensures that shopping is quick, seamless, and convenient.
Additionally, Mynews is taking steps to reduce its environmental footprint. From eco-friendly packaging to sustainable store operations, the brand is committed to aligning with global sustainability goals.
A Leader in the Local Market
Mynews has grown into one of Malaysia’s most recognized convenience store brands, competing with international chains while retaining its local identity. Its ability to adapt to market trends, innovate offerings, and stay true to its roots has made it a favorite among Malaysians.
The Future of Mynews
As Mynews continues to expand, it remains focused on meeting the ever-changing needs of its customers. Plans for new store openings, enhanced ready-to-eat options, and further integration of digital technology are already in motion.
For a brand that began as a small newsstand, Mynews’ journey is a remarkable example of how a family-run business can grow into an industry leader. Its success story is not just about retail—it’s about understanding the heart of a community and building a brand that resonates with it.
Mynews’ rise from a family-run kiosk to a nationwide convenience store chain is a source of inspiration for entrepreneurs and businesses alike. Its ability to innovate, adapt, and remain relevant in an ever-evolving market is a testament to the power of vision and resilience.
In a world where convenience is king, Mynews has proven that it’s not just about being everywhere—it’s about being the store that customers trust and love, every time they walk through its doors.
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