ZUS Coffee

Malaysia’s ZUS Coffee raises $57.35M from KV Asia Capital, KWAP and Kapal Api for global expansion

Malaysia's tech-enabled coffee chain ZUS Coffee has secured investment from an investor consortium comprising private equity firm KV Asia Capital, pension fund Kumpulan Wang Persaraan (Diperbadankan) (KWAP), and Indonesian-based fast-moving consumer goods (FMCG) player Kapal Api Group.

China’s Luckin Coffee to enter Malaysian market with local partner – report

The entry comes at a time when Malaysians are seeing a rising number of local and international coffee chain brands and outlets in the country. Both local and international coffee brands are competing for a larger market share as US brand Starbucks faces ongoing boycott amid the Israel-Gaza war. In China, Luckin Coffee's home market, the entry also comes…