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Stocktwits on MSNIs Starbucks China Really Worth $10B? Why Analysts Feel Rumored Valuation Is A Bit Too RichStarbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be ...
Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
Private equity firms bid up to $10 billion for a stake in Starbucks' China business, amid competition and declining market ...
Starbucks' comparable sales in China are slumping, with a 14% drop in the most recent quarter. Its then-CEO put it down to weak consumer spending and a coffee store "price war" in a July investor ...
China’s economic malaise is one reason. Deflation, falling wages and a troubled housing market have sapped consumer demand.
The chain is selling Frappuccinos and iced teas in the summer for as low as $3.20.
Starbucks China CEO Belinda Wong told analysts Tuesday that amid slower ticket growth and a cautious consumer, the company isn’t interested in a “price war” with fellow beverage chains. Although she ...
Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the company announced on Monday, as competition intensifies and consumers ...
BEIJING, Oct 18 (Reuters) - U.S. coffee chain Starbucks , opens new tab has rolled out a new smaller cup size in China, its second largest market, in an aim to attract customers as competition in ...
For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors and cheaper prices are crushing the company’s bottom line in its second-largest market.
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