In today’s briefing:
- Fore Kopi Indonesia (FORE IJ) – Aspirational Premium Local Coffee
Fore Kopi Indonesia (FORE IJ) – Aspirational Premium Local Coffee
- Fore Kopi Indonesia (FORE IJ) was founded in 2018 by East Venture and listed in 2025. The company is focused on providing affordable premium coffee for aspirational consumers across Indonesia.
- Fore is focused on expanding into 2nd&3rd-tier cities where competition is less intense. The company is also expanding into doughnuts through Fore Donut, selling doughnuts with a healthy edge.
- The company is an interesting proxy for young aspirational consumers in Indonesia, with high-quality, locally focused products and relatively attractive pricing. Valuations remain attractive versus growth.
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