Indonesian espresso model Tomoro Espresso is planning to broaden its retail operations in Southeast Asia with plans to open shops in Malaysia, Cambodia, Vietnam and Thailand.
The enterprise plans to open 3000 areas throughout the area subsequent 12 months, with 1000 in Indonesia.
“Southeast Asia was chosen as a result of the espresso tradition on this area has been rooted for greater than 200 years and the espresso consumption per capita is kind of excessive,” stated Tomoro Espresso’s MD Wang Chao at a press convention.
Tomoro Espresso, which opened in 2022, has 600 shops in Indonesia and offered 40 million cups final 12 months.
The model debuted in China final November with its first retailer in Shanghai, adopted by six areas in Singapore in March and 12 within the Philippines since June of this 12 months.
Tomoro Espresso is backed by enterprise capital agency ATM Capital.
