News

Starbucks stock was downgraded by Jefferies Thursday amid worries over its China business and a lack of improvement amid the ...
Initially, Starbucks aimed to sell a minority stake to a partner capable of driving growth in its China operations. However, ...
Luckin’s turnaround from its 2020 fraud crisis reflects strong governance reforms and disciplined execution. Read why I am ...
They believe Starbucks would likely retain a stake in the China operations to benefit from future growth. Meanwhile, proceeds ...
Starbucks (SBUX, Financials) is exploring offers that value its China business at up to $10 billion; the company isn't ...
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 ...
At most locations, the company operates without any cashiers, instead taking orders entirely through its popular mobile app—a ...
Luckin Coffee, China's fastest-growing coffee chain, launches first U.S. stores in New York City as it continues global ...
Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...
Bernstein analysts say Starbucks (SBUX, Financials) might be brewing a bold move; selling its China business for as much as $10 billiona step that could help turn things around for the struggling ...