First China, now Starbucks gets an ambitious VC-funded rival in Indonesia

Venture Capital-Funded Asian Startups Set to Conquer Starbucks . In China, the US coffee giant is being pushed by Luckin Coffee, a $ 2.2 billion challenger riding the wave of demand in China, and on the real estate side, where WeWork China has just unveiled a produced on demand that could appeal to consumers. Starbucks to kill time or work. This trend is intensifying in Indonesia, the fourth-largest country in the world and the largest economy in Southeast Asia, where a competitor named Fore Coffee has changed its mind after raising $ 8.5 million. Fore started in August 2018 when

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