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Koufu focuses on homeground expansion amid Covid-19 pressures

Earlier plans to deepen bubble tea footprint and offer meatless dining concept in the region are on hold

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Mr Pang Lim, Koufu's founder and CEO, says: "Bringing in any new concept to a new market now will be challenging, but that does not mean we completely throw out the idea of expansion abroad."

Singapore

FOOD and beverage (F&B) company Koufu Group plans to focus its energy on homeground expansion this year, now that its planned overseas expansion will have to take a backseat amid the Covid-19 situation.

This year has not been easy for the company. Sales at its...

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