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Starbucks Sells Majority of China Business in $4 Billion Shock Deal
Starbucks has sold a majority stake in its China operations to Boyu Capital in a $4 billion deal, handing control of its fastest-growing market to a local firm. The move marks a major strategic shift as Starbucks bets on Chinese-led expansion amid rising competition from Luckin Coffee and regulatory pressure.
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By Practical News
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Starbucks has sold a majority stake in its China operations to Boyu Capital in a $4 billion deal, handing control of its fastest-growing market to a local firm. The move marks a major strategic shift as Starbucks bets on Chinese-led expansion amid rising competition from Luckin Coffee and regulatory pressure.
Get the top 40+ AI Models for $20 at AI Box: https://aibox.ai
AI Chat YouTube Channel: https://www.youtube.com/@JaedenSchafer
Join my AI Hustle Community: https://www.skool.com/aihustle
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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