The company plans to open 16 new retail hypermarkets in Egypt within two years. The brand launched its first branch in Egypt in September 2015.
The company opened its first market in Egypt in September 2015, and added two marts in 2016.
Two Panda supermarkets and one hypermarket were opened in Egypt in Q1 2017, bringing Egypt's footprint to five markets. The company operated a total of 234 supermarkets and hypermarkets region-wide as of Q3 2017.