Welcome to another episode of the Impulso Podcast. This week was surely eventful and in this episode, we are going to cover in detail Flash Coffee closing, J&T’s upcoming IPO, and finally Foodpanda appointing new CEO.
Singapore-headquartered Flash Coffee exits Singapore to focus more on promising markets. Note that this closure is following exits in Taiwan and Japan that took place last year. Why did this happen and why now? What are some of the things coffee companies need to consider before coming to or expanding to Singapore? How do some companies have a flawed approach when it comes to differentiating themselves?
Indonesian courier J&T Global is planning an IPO on the 27th of October on Hong Kong Exchange, they are aiming to raise half a billion US$, which would be the second largest IPO on HKEX. Now, we did cover J&T extensively in our report “Who is J&T”, which you can find below, as well as a complimentary report: J&T Express: highlights of draft IPO prospectus, so we will not go too much into company background. Our expert will delve into the most interesting parts of the prospectus and as well as discuss the state of logistics in South East Asia.
Foodpanda has removed its chief executive officer after he allegedly leaked confidential information about the platform’s potential sale to Grab. John Fang, who held the position of chief international officer, will succeed Angele as the company’s new CEO and continue to lead and oversee Foodpanda’s business. How has Foodpanda’s performance changed since last year? Does it justify the price of the deal that was disclosed by the media? How can Grab ultimately benefit from the deal? Stay tuned and find more in this episode!
Featured this week:
Who is J&T report -> Who is J&T? | Momentum Works
J&T Express: Highlights Of Draft IPO Prospectus -> J&T Express: Highlights of draft IPO prospectus | Momentum Works
