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Kopi Kenangan investors reportedly exploring stake sales

The Jakarta-based coffee chain became Southeast Asia’s first F&B company to attain coveted unicorn status in 2022 and currently operates over 1,000 outlets across six markets globally

A Kenangan Coffee outlet at Raffles City, Singapore | Photo credit: Kopi Kenangan

The Jakarta-based coffee chain became Southeast Asia’s first F&B company to attain coveted unicorn status in 2022 and currently operates over 1,000 outlets across six markets globally

Backers of Kopi Kenangan are considering selling shares in the Indonesian coffee chain, according to unnamed sources familiar with the matter.

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