Centurium Capital, majority shareholder of Luckin Coffee, is reportedly among nearly 30 firms bidding for a stake in Starbucks China, which may be valued as high as USD 10 billion. Starbucks aims to ...

China’s economic malaise is one reason. Deflation, falling wages and a troubled housing market have sapped consumer demand.

Chinese F&B brands are becoming increasingly prominent, fuelling a familiarity with China that legitimates its stronger regional presence.

The Seattle-based company is expected to retain a majority ownership position in the China business. Stifel analyst Chris ...

A report by Natixis, mentioned by CNBC, examined 2,500 publicly traded firms in China. It found that while unit sales climb, ...

A potential $10 billion sale of Starbucks’ China business could provide the company with financial firepower to accelerate its turnaround strategy, Bernstein analysts said.

Patrick Mahomes talked about his Throne Coffee investment, his sports business interests and the upcoming football season.

From coffee to cars to real estate, there’s a recurring pattern in China — companies rush into an industry, then resort to ...

China’s ‘instant commerce’ sector is experiencing a cut-throat price war with companies launching massive subsidy programs ...

Starbucks’ potential sale of a stake in its China business has attracted multiple bids that value the local operations as ...

Donald Trump’s budget chief accused Jerome Powell of shooting over the budget to renovate the Fed’s headquarters by roughly ...

Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be ...