Coffee franchise Angel in Us to reenter Indonesian market

Angel in Us, a Korean coffee franchise operated by Lotte Group, is reentering the Indonesian market. This move comes after signing a master franchise agreement with Bogajaya Group, a local food and beverage company. The agreement will allow Bogajaya Group to open an Angel in Us outlet by the end of the year and potentially sub-franchise the brand to other companies. This expansion could boost Indonesia's coffee market and create new business opportunities for local entrepreneurs.

Why it matters

The reentry of Angel in Us into the Indonesian market could boost consumer spending and confidence. This move may also lead to increased competition in the food and beverage sector, potentially driving innovation and growth.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to The Korea Times. For information only — not financial advice.