Top Malaysia Coffee Chain Gets Funding From Buyout Firm KV Asia – CoffeeTalk
ZUS Coffee, Malaysia’s largest coffee chain operator, has raised 250 million ringgit ($57 million) from investors including KV Asia Capital and Malaysia’s largest state pension fund, Kumpulan Wang Persaraan Diperbadankan. The investment marks a new chapter in ZUS Coffee’s growth, with the company aiming to expand globally. With 550 outlets in Malaysia and 50 in the Philippines, ZUS Coffee plans to debut in Singapore and Brunei this year and is in talks with potential partners to build new stores in 2025. The company, which launched its first outlet in Kuala Lumpur in 2019, is committed to making specialty coffee accessible. The expansion plans come as rival Starbucks faces losses in the Muslim-majority country due to calls to boycott brands linked to Israel.
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Source: Coffee Talk