Yesterday, Thai dessert cafe After You was revealed to be the restaurant with the world’s best-performing stock this year, beating famous chains like Starbucks, McDonald’s, and Dunkin’ Donuts.
Best known for attracting queues of people waiting to savor its honey toast and snowy shaved ice (otherwise known as bingsu,) After You’s shares nearly tripled this year — up to 186 percent — according to Bloomberg.
The brand beats China’s biggest hotpot restaurant Haidilao and American fast casual chain Chipotle, which come in at second and third on the list respectively. Trailing behind them are the likes of Starbucks, Russell 1000 Restaurants, Dunkin’, McDonald’s, Cheesecake Factory, Jollibee and Coffee Day. All the restaurant operators listed on Bloomberg’s chart have market values of at least US$300 million.
Owned by Kulapat “May” Kanokwatanawan, After You’s dessert cafe first debuted in 2007 in Thonglor, and has since expanded to more than 35 branches nationwide. Just this year alone, the company opened another 10 outlets. It’s also got plans to launch its first international store in Hong Kong by the end of 2019.
If, for some reason, you haven’t popped by yet, you should know that some of the cafe’s most popular menu items include Shibuya Honey Toast, Strawberry Cheesecake Kakigori (Japanese Shaved Ice), and Buttermilk Pancakes.
Read more about dessert cafes on Coconuts Bangkok here:
7 dessert cafes in Bangkok that serve traditional sweets and Thai-inspired treats
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