O n Thursday morning, Chloe Chan rode her scooter a couple blocks up from the home she was catsitting at in Manhattan to pick ...

Starbucks shares are warming up in after-hours Tuesday following reports suggesting the coffee giant has drawn interest from ...

HONG KONG] Starbucks has received proposals from prospective investors in its China business, most of whom are eyeing a controlling stake in the operation, said sources familiar with the matter. Read ...

While Starbucks initially preferred to sell only a minority stake to a partner who could help revitalize growth in its Chinese market, the company is now considering selling a larger portion based on ...

A Luckin Coffee location China. Monday marks the first day it's expanding to the US. - CFOTO/Future Publishing/Getty Images Luckin Coffee, the fast-growing chain that beat Starbucks at its own ...

By 2019, the brand had overtaken Starbucks as the largest coffee chain in China. It currently operates 22,000 stores in the country, triple the size of the Seattle-based brewer's Chinese locations.

Starbucks was reportedly courting buyers for a portion of its China business as part of CEO Brian Niccol’s broader turnaround plans, but the company has since denied its Chinese stores are for sale.

Yes, uh Starbucks needs to focus on China, even though it's not a huge portion of the business, it's has the potential to grow quickly, has the potential to be a long-term uh growth engine.

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 China’s weak revenue growth and pressured profitability probably deserve less. But even at that multiple, the business would be worth just $6bn.

But revenues from China have declined from a peak of $3.7bn in 2021 to $3bn in 2024, even as Starbucks has built hundreds of new stores.