Kopi Kenangan: The Indonesian billion-dollar coffee chain backed by Jay-Z and Serena Williams

Kopi Kenangan has more than 800 outlets since its beginning in 2017. - PHOTO KOPI KENANGAN via The Straits Times/ANN

JAKARTA, Feb 19 (The Straits Times/ANN): Indonesia’s billion-dollar coffee chain Kopi Kenangan began as an effort to address a most simple issue – cost.

Edward Tirtanata, co-founder and chief executive of the company, has been drinking at least three cups of coffee a day since he was young.