Why Tim Hortons bets on 'third-place' to be first in Singapore's coffee market

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Business Nouvelles

Tim Hortons,Singapore,Coffee Market

Tim Hortons aims to dominate the 'third place' in Singapore's coffee market to compete against local brands and grab-and-go models.

For Tim Hortons, dominating 'third place' in Singapore's Western coffee market scene is its main strategy to compete against local coffee brands and grab-and-go models with cheaper options. Tim Hortons Singapore CEO Vaibhav Punj said that capturing this market is better than competing directly with koptiams, new age cafes and coffee roasters, and a recent spike of grab-and-go coffee concepts who just entered the market.

 

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