% Arabica
Coffee · 241+ locations · Mainland China, Hong Kong, UAE, Kuwait, Thailand, Japan, Indonesia, Singapore, UK, Canada, US, and 15 other countries
%Arabica's minimalist storefronts look like a single design-obsessed founder's passion project. A Hong Kong private equity firm, PAG, has held a majority stake since 2022, and founder Kenneth Shoji's title has quietly shifted from CEO to Creative Director.
The Big Picture
%Arabica's minimalist cafés look like one founder's vision, but Hong Kong private equity firm PAG has held a majority stake since 2022, and founder Kenneth Shoji is now Creative Director rather than CEO. Local franchise partners run nearly all 241 stores, and the brand publishes no wage, safety or environmental data. It answers to PAG as much as to Shoji.
The Dirty Details
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Company data last updated September 2026
How does one person build and research all this? They don't: here's how it actually works. Verdicts are our opinions, based on the public sources cited above as of September 2026. Spotted something off? or learn more.