Bloomberg Opinion: Why Starbucks Struggles With Luckin Model in China
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Starbucks is considering strategic options for its Chinese operations, potentially selling a stake in the business. The company is consulting advisers to explore growth plans in China.
November 22, 2024 | 4:45 am
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Starbucks is exploring options for its Chinese operations, which may include selling a stake. This move indicates a strategic shift as the company seeks growth in China.
The news suggests Starbucks is actively seeking ways to optimize its operations in China, a key market. Selling a stake could provide capital or strategic partnerships, but the impact on stock price is uncertain until more details are revealed.
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