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Melius Research cited concerns about operational efficiency and the coffee chain’s efforts to revive its brand.
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 ...
Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion ...
The Seattle-based company is expected to retain a majority ownership position in the China business. Stifel analyst Chris ...
What to know about the giant Chinese app-centric cafe chain, a Starbucks competitor that opened two New York locations in ...
Starbucks cannot avoid the rising price of coffee beans due to tariffs on Brazilian imports. This will affect the company's ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
China’s economic malaise is one reason. Deflation, falling wages and a troubled housing market have sapped consumer demand.
Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as ...
Initially, Starbucks aimed to sell a minority stake to a partner capable of driving growth in its China operations. However, ...
China business attracted bids valuing it at up to $10 billion as multiple investment firms, including Centurium Capital, ...
Luckin, which was founded in Xiamen, China in 2017, quickly expanded to overtake Starbucks by number of storefronts in 2019.