Starbucks' China business is struggling. Here's how the company may give it a jolt.
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Starbucks Corp. is exploring options to enhance its struggling Chinese operations, including the potential sale of a stake in the business.
November 21, 2024 | 1:00 pm
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POSITIVE IMPACT
Starbucks is considering selling a stake in its Chinese operations to improve performance in the region.
The potential sale of a stake in Starbucks' Chinese operations suggests a strategic move to revitalize its business in the region. This could lead to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90