News

While it might seem impossible for a coffee chain to become more successful than Starbucks, Luckin Coffee is a strong ...
Coupled with the coffee chain’s “questionable strategic priorities,” such as a lack of a focus on cold beverages and ...
Starbucks Corp (NASDAQ: SBUX) has seen a renewed wave of investor enthusiasm in recent sessions following reports that nearly ...
Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion ...
Luckin has also taken its first tentative steps into the United States, recently opening two pilot stores in New York City. The move has concerned some investors in rival Starbucks (NASDAQ: SBUX ), ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a potential stake sale in those operations that value it between $5 billion and ...
The Seattle-based company is expected to retain a majority ownership position in the China business. Stifel analyst Chris ...
But Starbucks' 17-year relationship with China hasn't been one long honeymoon. In 2013, state television attacked the company for charging more for drinks in China than it does in other countries.
Starbucks (NASDAQ: SBUX) is the quintessential American coffee brand. However, the company has shifted its focus toward growth overseas, most notably in China. While Starbucks has had a presence ...
U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it ...
Starbucks is teaming up with oat milk maker Oatly and plant-based protein companies Beyond Meat and Omnipork in mainland China, offering more options free of meat or animal products at a time when ...
Belinda Wong, the CEO of Starbucks China, said the company’s 5,000 new Chinese locations will be spread across 200 cities, which she said would help triple its revenue and operating income.