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Bidders value Starbucks’ China at up to $10bn, sources say

The US coffee chain is reportedly evaluating nearly 30 offers for its 7,750-store China business as it seeks to reverse its fortunes in the world’s largest branded coffee shop market

A Starbucks store in YangShuo, China | Photo credit: Starbucks

The US coffee chain is reportedly evaluating nearly 30 offers for its 7,750-store China business as it seeks to reverse its fortunes in the world’s largest branded coffee shop market

Starbucks China has reportedly attracted dozens of offers for a potential stake sale, which values the 7,750-store business at up to $10bn.

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