The chain is looking for a local partner to help run its stores in China as it looks to open "thousands" more outlets there in the future.

Starbucks faces significant hurdles in China, which mirrors McDonald's past struggles about a decade ago. If history is of ...

Western brands have been losing ground to local names amid rising nationalism and reluctance to pay premiums for brands. ...

The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the ...

Starbucks (NASDAQ:SBUX) has reportedly shortlisted about a dozen parties, including private equity firms and technology companies, for the second round of a process to invest in its China business.

After launching more than 100 restaurants in China, Nong Geng Ji opened its first overseas stop in Singapore in late 2023. It ...

A fast-growing coffee chain from China is challenging Starbucks' global dominance with cheaper prices and a unique approach ...

Starbucks (SBUX) is said to have introduced free “study rooms” at select locations in China, marking its latest effort to attract more customers amid intensifying domestic competition in its ...

As Starbucks works through a global turnaround plan, its China operations once are now the focus of strategic reassessment.

China’s Luckin opened its first stores in New York, showing off its mobile app and low prices, areas where Starbucks has ...

Starbucks opened 785 outlets in the country in 2023, it said. China has long been one of the most important growth drivers for Starbucks, serving as its second biggest market worldwide and top ...

Coffee chain is working to identify a strategic partner with a like-minded vision and values to capture opportunities in ...