Starbucks Sells Majority of China Business in $4 Billion Shock Deal

Starbucks has sold a majority stake in its China operations to Boyu Capital in a $4 billion deal, handing control of its fastest-growing market to a local firm. The move marks a major strategic shift as Starbucks bets on Chinese-led expansion amid rising competition from Luckin Coffee and regulatory pressure.Get the top 40+ AI Models for $20 at AI Box: ⁠⁠https://aibox.aiAI Chat YouTube Channel: https://www.youtube.com/@JaedenSchaferJoin my AI Hustle Community: https://www.skool.com/aihustle