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Starbucks considers selling stake in Chinese business, Bloomberg News reports

  • Starbucks is exploring options for its Chinese operations, including the possibility of selling a stake in the business, as reported by Bloomberg News.
  • Starbucks is looking to introduce a local partner to help grow its business in China, as mentioned in the Bloomberg report.
  • Starbucks’ CEO Brian Nicol noted that the company needs to determine how to grow in an environment that is "extreme" and "tough" during his earnings call.
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  • 54% of the sources are Center
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