In today’s briefing:
- Flash Coffee Closes $50m Funding, Targets Profitability by 2024
Flash Coffee Closes $50m Funding, Targets Profitability by 2024
- Rocket Internet-backed Flash Coffee has officially closed its series B round totaling US$50 million.
- In a statement, the company said it would expand deeper into Indonesia, with plans to open a branch in Surabaya in July. It already has a presence in Jakarta and Bandung.
- Besides Indonesia, Flash Coffee also operates in Singapore, Hong Kong, South Korea, Thailand, and Taiwan.
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