News

Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
China business attracted bids valuing it at up to $10 billion as multiple investment firms, including Centurium Capital, ...
Private equity firms bid up to $10 billion for a stake in Starbucks' China business, amid competition and declining market ...
Starbucks is fielding offers for its China business, which could be worth up to $10 billion, according to CNBC. The ...
A potential $10 billion sale of Starbucks’ China business could provide the company with financial firepower to accelerate its turnaround strategy, Bernstein analysts said.
Luckin Coffee, the largest coffee chain in China, is officially open in the U.S., giving Starbucks a run for its money.
Luckin Coffee has launched in the U.S. with two stores in Manhattan, challenging Starbucks. It is known for its low-priced ...
Luckin, which was founded in Xiamen, China in 2017, quickly expanded to overtake Starbucks by number of storefronts in 2019.