Starbucks’ Chilling Move: Why It Sold 60% of Its China Business (feat. Luckin Coffee)
Starbucks, the world’s largest coffee chain, has sold a 60% stake in its China business to Boyu Capital—a deal that has stunned global markets. Since entering China in 1999, Starbucks has ridden the wave of explosive economic growth and played a pivotal role in spreading modern coffee culture across the country. So why would the … 더 읽기