Indonesian Kopi Kenangan to launch international expansion in Malaysia

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Indonesia’s largest coffee chain plans to open its first international store in the last quarter of 2022, with the Malaysian site to operate as Kenangan Coffee

Kopi Kenangan will be rebranded as Kenangan Coffee for its international stores | Photo credit: via Shutterstock


Indonesian coffee chain Kopi Kenangan plans to launch in Malaysia before the end of 2022 in a first international expansion of 10 stores.

Edward Tirtanata, CEO of the Jakarta-based coffee chain, said expansion outside of Indonesia was originally planned for 2020 but was postponed due to the Covid-19 pandemic.

Speaking at the 2022 NXC International Summit in Bali, Tirtanata said Kopi Kenangan will be rebranded as Kenangan Coffee for its international stores. The company is targeting three Southeast Asian countries for expansion, but further details beyond the Malaysian launch have yet to be disclosed.

Founded in 2017, Kopi Kenangan currently operates more than 600 stores in 45 cities across Indonesia, making it the country’s largest branded coffee chain ahead of Starbucks’ 500 outlets.

In January 2022, Kopi Kenangan achieved coveted unicorn status after securing $96 million in Series C funding from investors including Horizons Ventures, Kunlun, B Capital, and Falcon Edge Capital.

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