Battle of brews: After Flash Coffee, who’s who in the fight for coffee supremacy in Singapore
Competition is brewing as Singapore is poised to become the next battleground for a wave of tech-enabled coffee chains
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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.
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