From Entrepreneurship to Politics, Here's a List of Kaesang Pangarep's Failed Businesses

Dari Pengusaha ke Politik, Ini Deretan Bisnis Kaesang Pangarep yang Berakhir Gulung Tikar<br>

"From Entrepreneur to Politics, Here is a Series of Kaesang Pangarep's Businesses that Ended up Closing Down"

From Entrepreneurship to Politics, Here's a List of Kaesang Pangarep's Failed Businesses

Dream - The youngest son of President Joko Widodo (Jokowi), Kaesang Pangarep, has been officially appointed as the Chairman (Ketum) of the Indonesian Solidarity Party (PSI) during the National Coordination Meeting (Kopdarnas), Monday, September 25, 2023. Kaesang has been appointed as the Ketum of PSI, replacing Giring Ganesha.

"Entrepreneurs and Investors"

"Before becoming a politician, Erina Gudono's husband was already famous as an entrepreneur and investor. In fact, when he graduated from Singapore University of Social Sciences (SUSS) in October 2019, Kaesang was one of the three students who received an entrepreneurship award from his university."

However, some of his businesses are reportedly no longer active. One of his known businesses that has closed is Ternakopi. The reason is that his coffee products did not sell well in the market. Especially after the Covid-19 pandemic hit, his business has declined even further.

Business Bankruptcy

"However, previously, Gibran Rakabuming's younger sibling was known to have 40 outlets. Not only that, there are several other businesses that have reportedly closed, including the following."

1. The Javas

Kaesang also ventured into the fashion world. One of them is by launching Sang Javas in 2017. Kaesang's business also caught the attention of the public. This is because Sang Javas' fashion products, which are sold, have their own characteristic with a picture of a tadpole.

"Since 2020"

The following 'Bahasa' text translated to 'English' while preserving any HTML tags: "This kecebong image apparently has a meaning. It turns out that the kecebong image represents the community that supports Joko Widodo (Jokowi) in the general election (Pemilu) 2014. However, Sang Javas's business has not been running since 2020. This is indicated by the latest post on Sang Javas's Instagram."

2. Ternakkopi translates to "2. Coffee breeding" in English.

Kaesang, together with his older brother Gibran Rakabuming Raka, established Ternakkopi in 2019. This coffee business has 40 outlets in Indonesia. Due to a lack of interest, Kaesang closed down Ternakkopi.

"Yesterday, actually before the pandemic, we had nearly 40 outlets, but after the pandemic, they all disappeared. How come? They didn't sell well."
Kaesang's words in an interview in May 2020, as quoted from liputan6.com.

"dream.co.id"

3. Goola

The business engaged in the beverage industry was given by Gibran Rakabuming Raka to Kaesang. Goola offers traditional drinks packaged in a modern way. However, Goola's business is no longer running. This can be seen from the Instagram post @goola_id in 2020.

4. Madhang

Kaesang launched the Madhang application in 2017. This application is used to connect mothers who have cooking skills with buyers who want to buy home-cooked meals.

"Ends in 2022"

The following is the translation of the given 'Bahasa' text to 'English' while preserving any HTML tags: "Madhang's effort collaborated with Dian Nuswantara University. However, this effort has ended in 2022. Many application users protested regarding the disappearance of the application and its inoperability."

5. Siapmas

Besides Ternakkopi and Goola, Kaesang's culinary business has also not succeeded. The business named Siapmas offers a drink called Ngedrink. In addition to drinks, Siapmas also offers a branded snack called Kemripik. However, this business has also not been successful. This can be seen from its products that are no longer available in mini markets in 2020.

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