Monday brews
Coffee chains are the rage these days but they're tapping a finite resource.
You’re reading a paid version of The Malaysianist, the newsletter at the intersection of money and power by journalist Emmanuel Samarathisa.
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It’s Monday, so I’m going to kick off with something light. Let’s talk about coffee.
There’s a brewing battle in Malaysia between international and local chains for market share.
The latest to throw its hat into the ring is China-based coffee chain Luckin Coffee. The writing was on the wall for Malaysian players that one day they’d have to reckon with competition from China. That day is here.
Luckin will be partnering with a Bursa-listed partner to enter the Malaysian market, according to The Edge, which stopped short of revealing said collaborator.
Who is this partner?