Starbucks' China business has attracted offers for a potential stake sale, valuing the coffee chain unit at up to $10 billion ...

O n Thursday morning, Chloe Chan rode her scooter a couple blocks up from the home she was catsitting at in Manhattan to pick ...

Mixue has grown into the world’s biggest food and beverage chain by selling sub-$1 drinks and adapting quickly as domestic ...

Starbucks shares are warming up in after-hours Tuesday following reports suggesting the coffee giant has drawn interest from ...

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

Starbucks CEO Brian Niccol has previously said that the company “remains committed to China for the long-term” ...

HONG KONG] Starbucks has received proposals from prospective investors in its China business, most of whom are eyeing a controlling stake in the operation, said sources familiar with the matter. Read ...

Luckin, which was founded in Xiamen, China in 2017, quickly expanded to overtake Starbucks by number of storefronts in 2019.

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

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

While Starbucks initially preferred to sell only a minority stake to a partner who could help revitalize growth in its Chinese market, the company is now considering selling a larger portion based on ...

Starbucks (NasdaqGS:SBUX) is contemplating a potential sale of its China operations, amidst significant market challenges.