Singapore’s small population belies its place among the world’s top coffee-drinking countries. Analytics company GlobalData indicated that the city-state consumed 122.7 litres of coffee per capita in 2022 – or 330 ml per person per day. 

Yet, the voluntary winding up by Flash Coffee reflects the intense competition in the tech-enabled coffee scene here.

Tech investors have poured US$373 million into South-east Asia’s coffee chains, based on Preqin data.