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Pickup Coffee

From Wikipedia, the free encyclopedia

Pickup Coffee
IndustryCoffee shop
FoundedFebruary 2022; 2 years ago (2022-02)
Philippines
Founders
  • Jaime Gonzalez
  • Bien Lee
  • Diego Lorenzo
  • Miguel Macaalay
Number of locations
230 (2024)
Area served
Philippines
Products
  • Coffee beverages
  • Tea beverages
  • baked goods
Websitewww.pickup-coffee.com

Pickup Coffee (stylized as PICKUP COFFEE) is a Philippine coffee shop chain that specializes in affordable beverages, as its beverages do not exceed ₱100 in price. It was founded in 2022 by Jaime Gonzales, Bien Lee, Diego Lorenzo, and Miguel Macaalay.

History

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A Pickup Coffee outlet at Gaisano Country Mall, Cebu City

Pickup Coffee began as a delivery-centric coffee venture, founded by Jaime Gonzales, Bien Lee, Diego Lorenzo, and Miguel Macaalay in February 2022.[1][2][3] It opened its first outlet in June 2022 at Uptown Mall in Bonifacio Global City, Taguig.[4]

Pickup Coffee would receive Series A1 funding from various Southeast Asian investors. By April 2023, the brand's valuation would be worth US$130 million (7.18 billion).[1]

Initially limited to Metro Manila, Pickup Coffee expanded to Cebu in March 2023 and eventually to other provinces in the Philippines.[5]

In December 2023, Pickup Coffee expanded to Mexico and opened their first branch in the country.[6]

In mid-2024, Pickup Coffee launched their own dedicated mobile application for order and delivery.[7]

Products

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Pickup Coffee offers various beverages at standard prices not exceeding ₱100 as of October 2022. It has coffee (including cold brew), milk, and tea-based drinks in its menu, as well as baked goods and pastries.[8]

References

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  1. ^ a b Ichimura, Anri (April 14, 2023). "Pickup Coffee Bags P2.2 Billion in Series A1 Funding". Esquire. Retrieved May 28, 2024.
  2. ^ Ilagan, Rey (February 13, 2023). "Here's where to get Anne Curtis' favorite pick-me-up coffee drink". Manila Bulletin. Retrieved May 28, 2024.
  3. ^ DSG Consumer Partners (May 3, 2023). "Why We Partnered with Pickup Coffee: To build Philippines' leading new age coffee brand". DSG Consumer Partners. Retrieved June 23, 2024.
  4. ^ Quibranza, Luis III (March 3, 2023). "'Proven formula' impacts PH coffee scene, drinkers". SunStar. SunStar Publishing Inc. Retrieved May 28, 2024.
  5. ^ "PICKUP COFFEE to launch its first five branches in Cebu". Cebu Daily News. Philippine Daily Inquirer. February 28, 2023. Retrieved May 28, 2024.
  6. ^ "Filipino start-up Pickup Coffee competes on price in Mexico". World Coffee Portal. December 20, 2023. Retrieved October 22, 2024.
  7. ^ Llamzon, Bella Javier (April 25, 2024). "This Coffee Chain Has Launched Its Own App". The Business Manual. One Mega Group, Inc. Retrieved May 28, 2024.
  8. ^ Jamora-Garceau, Therese (October 13, 2022). "P50-to-P100 coffee startup launches iced teas". The Philippine Star. Retrieved May 28, 2024.