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.

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

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

Starbucks says it plans to add a cold foam protein drink, coconut water-based beverages and improved baked goods to its menu to help turn around the company’s lagging U.S. sales. In the ...

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

Starbucks reported a higher than expected revenue rise for the third quarter, with improved demand in China, menu changes and ...

Survey last year found that nearly 80 per cent of consumers in China’s third- and fourth-tier cities were optimistic about ...

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

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

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

Starbucks is considering a partial or full sale of its China business, with a recent news report suggesting that it could be valued at up to $10 billion. However, analysts caution that this may be ...

Starbucks has repeatedly denied that it is looking to fully offload its China division, despite growing competition from companies like Luckin Coffee. Bankruptcies took a big bite out of the full ...