Initially, Starbucks aimed to sell a minority stake to a partner capable of driving growth in its China operations. However, ...

A potential $10 billion sale of Starbucks’ China business could provide the company with financial firepower to accelerate its turnaround strategy, Bernstein analysts said.

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 ...

Luckin Coffee is huge in China. Now it's entering the U.S. with a model that Starbucks is sunsetting: perfunctory, ...

Starbucks considers partial sale of China business amid falling market share and rising local competition, with valuation ...

Luckin Coffee, China's fastest-growing coffee chain, launches first U.S. stores in New York City as it continues global ...

Starbucks faced stagnating comparable sales and shrinking margins over the past years. Click here to read why SBUX stock is a ...

The Starbucks rival opened its first two stores in New York City on Monday, as the Xiamen-based coffee purveyor sets out to ...

What to know about the giant Chinese app-centric cafe chain, a Starbucks competitor that opened two New York locations in ...

China's largest coffee chain Luckin Coffee opens its first stores in New York with high-quality coffee at affordable prices ...

Starbucks (SBUX) has received proposals from prospective investors in its China business, according to a report by Bloomberg ...

The same process may take much longer for Starbucks’ 7,800 stores in China. And a similar strategy caused problems at its US stores in the past. Boss Brian Niccol even told shareholders in March that ...