in the philippines, 7-eleven is run by the philippine seven corporation (psc). its first store, in quezon city, opened in 1984. in 2000, president chain store corporation (pcsc) of taiwan, also a license of 7-eleven, bought most of the shares of psc and created a plan to have all convience stores in the area be theirs. at the end of 2015, 7-eleven stores totaled 1,602, up 25 percent from 1,282 stores in end-2014. a total of 1,391 7-eleven stores are in luzon, 178 in visayas, and 33 in mindanao.