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

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

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 ...

A Luckin Coffee location China. Monday marks the first day it's expanding to the US. - CFOTO/Future Publishing/Getty Images Luckin Coffee, the fast-growing chain that beat Starbucks at its own ...

By 2019, the brand had overtaken Starbucks as the largest coffee chain in China. It currently operates 22,000 stores in the country, triple the size of the Seattle-based brewer's Chinese locations.

Starbucks was reportedly courting buyers for a portion of its China business as part of CEO Brian Niccol’s broader turnaround plans, but the company has since denied its Chinese stores are for sale.

U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was, without disclosing where it ...

Now, in a rare move, the US coffee giant – which has long defended its premium positioning in China – has cut prices for its tea-based beverages this summer. About a dozen of Starbucks’ non ...

Starbucks China’s weak revenue growth and pressured profitability probably deserve less. But even at that multiple, the business would be worth just $6bn.

Starbucks China will lower the prices of some of its iced drinks by an average of 5 yuan ($0.70) across the country, the company announced on Monday, as competition intensifies and consumers ...