Coupled with the coffee chain’s “questionable strategic priorities,” such as a lack of a focus on cold beverages and ...

Luckin’s turnaround from its 2020 fraud crisis reflects strong governance reforms and disciplined execution. Read why I am ...

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

Starbucks CEO Brian Niccol was promised the ability to work remotely when brought in from Chipotle. Company employees won't ...

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

At most locations, the company operates without any cashiers, instead taking orders entirely through its popular mobile app—a ...

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

The coffee giant is looking for a strategic partner in the high-growth market and is attracting plenty of interest from ...

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

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 ...

Starbucks said it is looking for a strategic partner for its China business, as it reportedly has attracted offers for a ...

Starbucks is weighing a China restructuring reportedly worth up to US$10 billion, with bids from suitors including Centurium Capital, which is Luckin Coffee’s largest shareholder.