NewsChinaStarbucks

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.

Unlock Allegra Premium News & Insights

£29/month
Full digital access, cancel anytime.
What you get:
Curated global coffee news & independent editorial features
5THWAVE, the leading B2B coffee & hospitality magazine
Market trend data analysis powered by the latest World Coffee Portal research
In-depth interviews with CEOs, industry experts & entrepreneurs
Weekly Coffee Dose essential industry news briefing
Coffee 24/7, breaking industry news bulletins
Exclusive market infographics & data downloads
Subscribe for just £29

Already have an account? Sign In

Join 650,000+ coffee professionals worldwide.

Latest