Who owns ZUS Coffee in the Philippines?
In just over a year, the Malaysian coffee chain has opened its 100th store in the Philippines. Lao owns 35 percent of Zus’s parent company in Malaysia and is the majority owner of its Philippine subsidiary. Zus coffee has only one owner in the Philippines, he imports from Malaysia, so he controls the standard of his stores.ZUS Coffee funding deal brews interest PETALING JAYA: Philippine’s billionaire Frank Lao, the guy behind two of the country’s most well-known restaurants, Choi Garden and Gloria Maris, is expanding his portfolio by investing in ZUS Coffee, a Malaysian tech-driven coffee chain.ZUS Coffee. Officially Malaysia’s largest coffee chain, ZUS Coffee has over 600 outlets in the country and even has a range of ready-to-drink (RTD) products.Ian Chua and Venon Tian, the key executives of ZUS Coffee, founded the business in 2019 to make specialty coffee affordable for everyone, every day.
Who is ZUS Coffee CEO?
Ian Chua and Venon Tian, the key executives of ZUS Coffee, founded the business in 2019 to make specialty coffee affordable for everyone, every day. The ultimate ZUS experience. Made of 100% Arabica coffee beans sourced from Brazil, Ethiopia, and Colombia—some of the best coffee producers in the world—this blend is perfect for those who love a smooth, strong cup that speaks for itself.Zus Coffee’s success lies in its ability to fill a distinct gap in the market by offering high-quality coffee at an affordable price, bridging the space between convenience-store brews and premium international chains.We do not have a franchise model in the market. Thank you for your interest in ZUS Coffee and we seek your understanding and continued support.
Which country made ZUS Coffee?
Made in Malaysia – ZUS COFFEE | Malaysia #1 Tech-Driven Coffee Chain. Kuala Lumpur, 10 September 2024 – Tech-enabled coffee chain, ZUS Coffee has secured investment from an investor consortium comprising KV Asia Capital (a Southeast Asia focused private equity firm), Kumpulan Wang Persaraan (Diperbadankan) (“KWAP”) (Malaysia’s pension fund for civil servant retirees), and Kapal Api Group .Malaysia pension fund KWAP and Singapore, Indonesian firms invest 250 million ringgit in ZUS Coffee.KV Asia Capital together with KWAP and Kapal Api Group invests RM250 million in ZUS Coffee for global expansion.
Why is ZUS Coffee so popular?
Every ZUS COFFEE is a cup of clean, consistent and well-handled coffee. With the best quality ingredients, high-level coffee brewing technology and innovative business model, we are evolving the concept of coffee consumption to make specialty coffee affordable for everyone, everyday. For many, coffee is a daily need – which is exactly why ZUS Coffee’s tagline is a Necessity, not a Luxury. ZUS Coffee was founded to encourage drinking coffee as a way of life.
Why is ZUS Coffee so expensive?
The brand added that the Arabica coffee prices are at its highest since 1977, while cacao prices have risen over 160%. These increases significantly impact the costs of raw materials essential to our products, it explained. Specialty Coffee Made Affordable We source our own unique coffee beans from Brazil FAF and roast them locally. Taking full control of the quality and price point to make specialty coffee affordable for everyone.We’re serious about our coffee. That’s why every freshly-ground McCafé® hot coffee* we serve uses 100% responsibly-sourced Arabica beans grown on Rainforest Alliance Certified™ farms.