Café Amazon, a subsidiary of Thai state-owned oil company, PTT works to triple the
number of overseas coffee shops to 1000 by 2025. The coffee chain currently has
298 locations outside Thailand. It was founded in 2002 as the brand for coffee
shops inside PTT gas stations. After 19 years, the company has managed to become
the sixth-largest coffee chain worldwide, with 3,432 locations in Thailand alone
as of June.
There
are Café Amazons in 10 countries, including seven in Southeast Asian nations as
well as China, Japan and Oman. In February, PTT Oil and Retail listed on the
Stock Exchange of Thailand. Café Amazon is currently searching for successful
restaurants in South East Asia to develop its brand and franchise business. The
company has already set the marketing strategy with a team of experts for the
business development which is designed to generate $1 billion in sales by 2025.
PTT
Oil and Retail Business, the group company that operates Cafe Amazon, has
adopted "retailing beyond fuel" as its new slogan. More than 90% of
the company's revenue last year came from the oil business, which is mostly
concerned with running filling stations.
Formerly
known as the Petroleum Authority
of Thailand, PTT owns extensive submarine gas pipelines in
the Gulf of Thailand, a network of LPG terminals throughout the
kingdom, and it is involved in electricity generation, petrochemical
products, oil and gas exploration and production, and gasoline retailing
businesses. The
company owns Café Amazon, a popular coffee chain throughout South East
Asia, which shops are often located next to PTT gas stations or inside malls .
Affiliated
companies include PTT Exploration and Production, PTT Global Chemical,
PTT Asia Pacific Mining and PTT Green Energy.
PTT
is the largest corporation in the country and also the only company from
Thailand listed in Fortune Global 500 companies. The company ranks 81st
among top 500 on the Fortune 500, and 180 on the Forbes 2000.