PTT Oil and Retail Business (PTTOR) has earmarked nearly half of its annual $900 investment budget to scale Café Amazon across Thailand and international markets this year
Founded in 2002, Café Amazon is Thailand’s largest branded coffee chain with 3,900 stores nationwide | Photo credit: Café Amazon
Thailand’s PTT Oil and Retail Business (PTTOR) will invest $412m to expand its Café Amazon footprint in 2023.
The Bangkok-based oil and retail operator said it will focus on ‘synergising’ its petrol and ‘lifestyle businesses’ to open 400 new Café Amazon outlets globally, alongside 122 PTT petrol stations and 500 electric vehicle charging stations.
In a press release accompanying its 2022 financial results, PPTOR added that 16% of its investment budget will focus on expanding Café Amazon and PTT Station internationally,…
