News

Starbucks stock caught a downgrade Thursday, with analysts arguing the coffee chain wasn’t doing enough to turn its business ...
Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be ...
Starbucks' China business has been valued at $10 billion. Experts explain why that valuation may be a bit stretched for ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
The coffee giant is looking for a strategic partner in the high-growth market and is attracting plenty of interest from ...
Mixue has grown into the world’s biggest food and beverage chain by selling sub-$1 drinks and adapting quickly as domestic consumers spend less. That’s hard for the $107 bln US coffee icon to compete ...
Starbucks Corp. (NASDAQ:SBUX) will reportedly cut prices on select iced beverages in China by an average of 5 yuan (approximately 70 cents), the company announced on Monday. The move comes amid ...
BEIJING (Reuters) -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 ...
Coffee king Starbucks (SBUX) is exploring ways to ramp-up its dwindling business in China, and selling a minority stake in its Chinese unit is one of the strategic options under consideration. CEO ...
"Starbucks likely has a longer-term strategy, which is to focus on the demand for non-coffee items in the afternoon among consumers," the source said.
Luckin Coffee debuts in NYC with $1.99 brews, using tech-driven convenience and low prices to challenge Starbucks, Dunkin', and Tim Hortons.