News

Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
China business attracted bids valuing it at up to $10 billion as multiple investment firms, including Centurium Capital, ...
Bernstein analysts say Starbucks (SBUX, Financials) might be brewing a bold move; selling its China business for as much as $10 billiona step that could help turn things around for the struggling ...
Private equity firms bid up to $10 billion for a stake in Starbucks' China business, amid competition and declining market ...
Chloe Chan rode her scooter a couple blocks up from the home she was catsitting at in Manhattan to pick up her first iced ...
A potential $10 billion sale of Starbucks’ China business could provide the company with financial firepower to accelerate its turnaround strategy, Bernstein analysts said.
Starbucks cannot avoid the rising price of coffee beans due to tariffs on Brazilian imports. This will affect the company's ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
Luckin Coffee was founded in 2017 and is based in Xiamen, China. Since its inception, the company has expanded to over 20,000 ...
China’s economic malaise is one reason. Deflation, falling wages and a troubled housing market have sapped consumer demand.
Starbucks is fielding offers for its China business, which could be worth up to $10 billion, according to CNBC. The ...
Luckin Coffee, the fast-growing chain that beat Starbucks at its own game in China, is entering the United States.