Food & BeverageThailand's PTTOR to triple coffee shops overseas to 1,000
Company forecasts $1bn revenue stream from Cafe Amazon by 2025
Cafe Amazon, originally the brand for coffee shops inside PTT gas stations, has grown to over 3,700 locations worldwide. (Photo courtesy of PTT Oil and Retail Business)
MARIMI KISHIMOTO, Nikkei staff writer
October 6, 2021 00:02 JST
BANGKOK -- The retail arm of Thailand's state-owned energy giant PTT, PTT Oil and Retail Business (PTTOR) plans an overseas expansion for an entirely different kind of fuel, as the group looks to more than triple the number of overseas shops in its Cafe Amazon coffee chain to 1,000 by 2025.