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Starbucks to sell control of China business

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 · 47m
Starbucks reworks China strategy, to sell 60% control to local investor Boyu
Starbucks has announced a $4 billion joint venture with Chinese investment firm Boyu Capital to manage its retail operations in China, marking a major strategic shift for the coffee giant in its second-largest market.

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 · 14h
Starbucks to Sell 60% of Its China Business to a Private Equity Firm
 · 4h
Starbucks sells majority stake in China business as local competitors eat into market share
QSR magazine
11m

Starbucks Deals Part of China Business for $4B, Forms Joint Venture

Starbucks late Monday announced it’s entered an agreement to form a joint venture with Boyu Capital, an alternative ...
5don MSN

Starbucks closes more stores in a key market

Starbucks closes more stores in a surprising market as it refocuses on its customers to reverse sales declines.
Marketing Week
5d

Starbucks claims marketing ‘overhaul’ fuelling turnaround

Despite announcing store closure and job losses last month, the coffee chain claims brand affinity, value perceptions and ...

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