News

Starbucks' China business has been valued at $10 billion. Experts explain why that valuation may be a bit stretched for ...
Starbucks stock caught a downgrade Thursday, with analysts arguing the coffee chain wasn’t doing enough to turn its business ...
A delisting push is adding to the unraveling of Wall Street’s love affair with China Inc.
FILE PHOTO: People sit inside and outside at a Starbucks in Shanghai, China, February 28, 2025. REUTERS/Go Nakamura/File photo. By Casey Hall. ... government relations and land." ...
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 ...
He noted that the company was "well on track" to meet its 2025 target of 9,000 stores in China. Starbucks added more than 800 new Chinese stores in the year to June 30.
In 2022, Starbucks said much of its future expansion would come in China and that its goal was to have 9,000 locations in 2025. Today it has about 7,000. Rival Luckin Coffee has over 16,000 in ...
Starbucks Corp. on Monday announced price cuts for a slew of its tea-based beverages at its stores across China, as the American coffee chain takes a more aggressive approach to revive sales at ...
Starbucks’ China business is struggling. Here’s how the company may give it a jolt. Coffee-shop chain is exploring selling a stake in its China business, as McDonald’s and Yum Brands have ...
With more than 17,000 locations across the country, Starbucks has the upper hand in the U.S. In China, however, the Seattle-based coffee giant lost its hold to Luckin in 2023, the Wall Street ...
Starbucks's market share in China has declined from 34% in 2019 to 14% in 2024, according to data from Euromonitor International, a market research provider.