this post was submitted on 04 Nov 2025
2 points (100.0% liked)

China News

63 readers
8 users here now

A community for china news

founded 1 week ago
MODERATORS
rss@news.abolish.capital
Salamence@lemmy.zip
RedWizard@news.abolish.capital
2
Starbucks seals deal to sell 60% of China business to private-equity firm (www.scmp.com)
submitted 11 hours ago by rss@news.abolish.capital to c/china@news.abolish.capital
0 comments fedilink hide all child comments
 

Starbucks agreed to sell a 60 per cent stake in its Chinese operations to a private-equity firm, ending months of speculation about whether the US coffee chain would divest itself of its mainland operations amid dimmer business prospects and the ascent of local rivals. The Seattle-based company said on Monday that it signed an agreement with Boyu Capital to set up a joint venture for its mainland business. Starbucks would hold a 40 per cent interest in the unit and remain the owner and licenser...

From China - South China Morning Post via This RSS Feed.

no comments (yet)
sorted by: hot top controversial new old
there doesn't seem to be anything here