The brightest yellow you can picture in your head. Blended with the hottest pink. Flashy? Yes. But that’s on-brand for Singapore-based grab-and-go chain Flash Coffee, which has outlets popping up all over Southeast Asia.
From 23 outlets this time last year, Flash Coffee claims an 8X year-on-year growth across the region, with 200 stores now open across its seven markets. It plans to open over 350 stores by early next year, and it’s now eyeing Malaysia, Vietnam and the Philippines.
The “dream is to have a Flash Coffee every 500 metres in all major Asian cities,” co-founder and CEO David Brunier had said said Inside Retail Flash Coffee to open 300 outlets after fresh funding round Read more .
Rocket Internet’s latest: Flash (Coffee) in a pan or billion-dollar baby?
Grab-and-go coffee chain Flash Coffee is opening new outlets at the rate of 1-2 a day across seven markets in Southeast Asia. But the last time a coffee chain grew that fast it was Luckin Coffee—not exactly the picture of sustainability, which Rocket Internet needs for a good exit
From just 23 outlets a year ago, Flash Coffee currently has over 200 outlets across seven markets—with over a million cups sold to date
CEO Brunier was inspired by Luckin Coffee’s rapid expansion and US$4 billion IPO. But Luckin’s luck ran out
Former Rocket Internet employees have said the company often uses the majority of funding raised to acquire customers
As long as Flash pulls in impressive growth numbers, it will be able to continue raising capital from investors—but can it?