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Mcdo means nothing in French except for being the name of a fast-food company.
According to McDonald's official website, the first franchised McDo opened in Strasbourg, eastern France, in 1979. However Wikipedia cites the opening of the first McDonalad's restaurant as having taken place on July 1972 in Créteil (south east of Paris). The licence of that restaurant was afterwards revoked by McDonald's for non complying with its internal rules and the owner forced to change the name of his restaurant.