We are the profitable version of Luckin Coffee: Kopi Kenangan CEO Tirtanata

We are the profitable version of Luckin Coffee: Kopi Kenangan CEO Tirtanata

Kopi Kenangan co-founder and CEO Edward Tirtanata

As a coffee retail startup that came to the fore following the success of Luckin Coffee in China, Indonesia’s Kopi Kenangan is often said to have merely imitated the tried and tested model of its Beijing-based counterpart in search of similar glory.

While Kopi Kenangan accepts that there are similarities with Luckin, it says that there are fundamental differences in the way the two companies operate, particularly in terms of their approach to business.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter