FarEye’s Post

Recently, #RestaurantBrandsAsia bought a large part of PT Sari Burger Indonesia, also known as Burger King Indonesia. Now, they own most of it, about 87.75%. In morning #trading on April 26, #RestaurantBrandsAsia's #shares increased by 3% to Rs 104. This uptick came after #FidelityEmergingMarketsFund sold around 26 lakh shares, equivalent to 0.52% ownership, on April 25. The company, which operates as #BurgerKing and #Popeyes outlets in India and Indonesia, announced a reduced loss of Rs 36.18 crore, compared to last year's loss of over Rs 50 crore. The company’s #totalrevenue increased by 14.7% to Rs 604.22 crore, while 38 new restaurants were opened and one was closed during Q3. #stockmarket #investors #thebusinesscorridor

From Food Delivery to Coffee King in South East Asia. My interview with David Brunier Founder and @CEO of Flash Coffee at Tech in Asia conference in KL last week. - ☕ Flash Coffee, is one of Asia’s fastest-growing coffee chains. - 🌍 Aims to make premium coffee accessible to Asia’s rising middle class. - 📈 Former CMO of foodpanda APAC and CEO/CMO for foodora (acquired by Delivery Hero). - 🏔️ Avid mountain climber with 15 climbs in the Himalayas. **Flash Coffee Journey:** - 💼 Approached by Rocket Internet investors to start a new venture. - 🔍 Saw an opportunity in the booming Asian coffee market. - 🚀 Launched Flash Coffee in 2020, amidst the COVID-19 pandemic. - 🎯 Focused on rapid expansion and high-quality, affordable coffee. **Future Outlook:** - 🇮🇩 Extremely bullish on the Indonesian market due to its large population and rising coffee consumption. - 🌟 Sees potential for thousands of Flash Coffee stores in Indonesia alone. #coffee #indonesia #southeastasia

Our Thailand customers' feedback from Lazada! If you want to verify if this whipped scrub is as good as this review suggests, just try it and leave your review here. 🥭✨ 🛒 𝐒𝐡𝐨𝐩 𝐚𝐧𝐝 𝐥𝐞𝐚𝐯𝐞 𝐲𝐨𝐮𝐫 𝐫𝐞𝐯𝐢𝐞𝐰 𝐡𝐞𝐫𝐞: linktr.ee/themixbysu #Customerreview #BootypolishReview #Lazadareview #Themixbysu #Themixbysuglobal #Glowkeybeauty

"Why did Subway struggle in Indonesia? 🌯❌ In a land where traditional dishes brimming with spices and rich flavors reign supreme, Subway faced an uphill battle. 🇮🇩🍛 Personally, I think Subway's standardized menu didn't resonate with the diverse and dynamic Indonesian palate. Adapting more to local tastes could have been a game-changer. 🌶️ What's your take on Subway in Indonesia? #marketingexperts #marketingtip #marketingsolutions #marketingmind #marketingviral #marketingdirector #marketingdigitals #marketingpromocional #marketingquotes #marketingmanager

Good to know more goods to be sold at vending machines in Thailand and Southeast Asia

Congratulations to GOPIZZA Global HQ for their stellar expansion amidst rising labor and material costs! In today's competitive landscape, any project delay can incur hefty rental fees and missed revenue opportunities. Their ability to expand so quickly speaks volumes about the power of collaboration. It's a testament to the exceptional reliability, time/cost management, and project efficiency demonstrated by their partners. 🍕#BusinessExpansion #Collaboration #Efficiency"

FMCG distribution in an emerging market like Indonesia is far more challenging then in a developed market. The main difference is the fragmentation. A country like the Netherlands will be a far more consolidated market then Indonesia, where the power is more with suppliers then with retailers still. Where in the Netherlands you have 3 major buying groups for supermarkets (Albert Heijn, Jumbo and Superunie) in Indonesia you have local heroes in every city and you can survive perfectly by supplying the 2-5 million General Trade outlets vs. the 40-50 thousand modern trade outlets. More hard work for sales people to knock on all those doors but it also means you are not locked out of the market with zero distribution if you get a no from a large buying group. Of course in the Netherlands you can still go directly to Superunie member chains and franchisees are also allowed to buy 3-10% of their assortment outside of their own group but suffice to say it's so hyper-competitive by now that you end up with the need to put in a lot of effort to get into 1 single store. Indonesia still has a retail landscape ready for disruption and although you see awesome new concepts enter where they try to look less at back margin support and more at whether a product will actually have a chance to gain traction quickly, you see the sheer size of this 270+ million population country is a guarantee for opportunities to gain distribution fairly easily. Both in the major cities and the peripheral areas where "small cities" can still have over a million people living in them. One other difference is the ease of which you can enter the market. The Netherlands has a fairly straightforward process for UMKM (SME) sized companies where you produce, put the ingredients on it in Dutch, an address for complaints and you follow a HACCP type hygienic code to ensure you do not mix food or beverage flavours in an old paint tin ;-) Indonesia has a large set of burning hoops to jump through for imported goods but UMKM can self declare with their P.irt certification which is relatively inexpensive to set up and allows small manufacturers to sell their products in both modern and general trade channels as well as horeca. I'm updating my 2014 book "Fast Moving Consumer Goods Distribution in Indonesia" to encompass more markets in Asia and deep dive into some of the success stories and failures in FMCG in the region. #fmcg #indonesia #netherlands #fastmovingconsumergoods #retail #umkm #sme #food #beverages #distribution #fmcgdistribution

Over the past three years, there has been a significant shift in the behavior and lifestyle of Indonesian society towards prioritizing convenience. This has driven the flourishing of businesses such as e-commerce, food start-ups, and frozen food, catalyzing the demand for packaged products. Thanks to this increase in orders, the packaging industry is estimated to have grown by 6%, surpassing the targeted national economic growth of 5% for this year. Pretty cool, isn’t it? — #Propakindonesia2024 #packagingsolutionandtechnology #processingtechnology #drinktechnology #indonesiapackagingforum #jiexpo #sustainablepackaging #industripackaging #packagingramahlingkungan #sustainableplastic #eventpackaging #teknologipackaging #packaging #pameranpackaging #eventpameran #mesinpackaging #mesinkemasanmakanan #kemasanramahlingkungan

𝗟𝗼𝗰𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗔𝗣𝗜𝘀 𝗮𝗿𝗲 𝗹𝗶𝗸𝗲 𝗳𝗼𝗼𝗱 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗼𝗿𝘀𝗅 🌪 🐺 👩🍳 See why in this webinar catchup: https://lnkd.in/eXwCF2yg Sneak peek below 👇 For more recipes, check out these recipe books: https://lnkd.in/eu4ZqE_S #recipesforlocalization #lokalisekitchen #localization

Most food delivery markets in Southeast Asia experienced very modest, low single digit growth, with the exception of Vietnam, where total GMV grew almost 30% despite cost controls from almost all the players. It is also important to note that in the Philippines, there is a significant market of food delivery operated by quick service restaurant chains. While that market is not in the scope of this report, we estimate the size to be close to ⅓ of the total platform GMV in the country. Amongst food delivery platforms, Grab continues to gain significant market share in Singapore, Malaysia and the Philippines, as well as in Indonesia - the region’s largest market. ShopeeFood, which has received little attention from outside because of the larger ecommerce battle Shopee is fighting, actually grew the most (almost ⅔); while LINE MAN in Thailand also recorded double digit growth. With further consolidated expected in 2024, the market landscape will continue to shift. Source: Momentum Works #FoodDelivery #QuickCommerce