Daily Stop
Encyclopedia
Daily Stop was a chain
Chain
A chain is a sequence of connected links.Chain may also refer to:Chain may refer to:* Necklace - a jewelry which is worn around the neck* Mail , a type of armor made of interlocking chain links...

 of convenient stores in Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...

. It was franchised
Franchising
Franchising is the practice of using another firm's successful business model. The word 'franchise' is of anglo-French derivation - from franc- meaning free, and is used both as a noun and as a verb....

 by Television Broadcasts Limited
Television Broadcasts Limited
Television Broadcasts Limited, commonly known as TVB, is the second over-the-air commercial television station in Hong Kong. It commenced broadcasting on 19 November 1967...

 (TVB) and SCMP Group
SCMP Group
The SCMP Group is a publishing group in Hong Kong. SCMP publishes:* South China Morning Post - a daily English-language newspaper in Hong Kong* Hong Kong edition of Cosmopolitan, CosmoGirl and Harpar's Bazaar* Automobile...

 before it was acquired by Dairy Farm International Holdings
Dairy Farm International Holdings
Dairy Farm International Holdings Limited is a retail company in Asia, with a legal base in Bermuda. A member of the Jardine Matheson Group, it is a leading pan-Asian retailer which processes food, wholesales food and personal hygiene products in the Pacific region and in China. Jardine Strategic,...

 and merged to 7-Eleven
7-Eleven
7-Eleven is part of an international chain of convenience stores, operating under Seven-Eleven Japan Co. Ltd, which in turn is owned by Seven & I Holdings Co...

. It operated totally 83 outlets in MTR
MTR
Mass Transit Railway is the rapid transit railway system in Hong Kong. Originally opened in 1979, the system now includes 211.6 km of rail with 155 stations, including 86 railway stations and 69 light rail stops...

 and KCR
Kowloon-Canton Railway
The Kowloon–Canton Railway refers to a railway network in Hong Kong which is now combined with the MTR railway system, comprising rapid transit services, a light rail system and feeder bus routes within Hong Kong, and intercity passenger and freight train services to the rest of China...

 stations, shopping malls and public housing estates. Its main competitors were 7-Eleven
7-Eleven
7-Eleven is part of an international chain of convenience stores, operating under Seven-Eleven Japan Co. Ltd, which in turn is owned by Seven & I Holdings Co...

 and Circle K
Circle K
Circle K is an international chain of convenience stores, founded in 1951, in El Paso, Texas, United States. It is owned and operated by the Canadian-based Alimentation Couche-Tard.-Overview:...

.

History

Daily Stop was established in 1982 to sell TVB-related products. In 1988, it became a subsidiary
Subsidiary
A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

 of TVE Holdings. In 1996, it was acquired by Robert Kuok
Robert Kuok
Robert Kuok Hock Nien , is an influential Malaysian Chinese businessman. According to Forbes his net worth is estimated to be around $12.5 billion on May 2011, making him the richest person in Malaysia and Southeast Asia....

's Kerry Group
Kerry Properties
Kerry Properties Limited is a listed company engaged in property development in Hong Kong, Mainland China and Asia Pacific region; third party logistics, freight services and warehouse operations ; infrastructure projects in Hong Kong and Mainland China; and hotel ownership and operations in...

 and became a subsidiary of SCMP Group. In 2004, it was sold to Dairy Farm International Holdings and rebranded as "7-Eleven".
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