US Edition
Is Starbucks selling its operations and leaving China?
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.2 Articles
2 Articles
Is Starbucks selling its operations and leaving China?
Rumours about Starbucks selling its operations in China and exiting the market have been circulating since last year. However, with more details about potential bidders emerging, the rumour is becoming increasingly real. On 23 June, it was reported that Hillhouse Investment Group is one of the potential buyers, along with the Carlyle Group and Citic Capital. Starbucks is valued at around 5-6 billion USD, and the transaction will likely continue …
It has become clear that Starbucks, a major American coffee chain, is considering selling its Chinese business. According to information obtained exclusively by Caixin, Starbucks' Chinese subsidiary has sent an undisclosed notice to potential buyers of the business...
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
