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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Total News Sources0
Leaning Left4Leaning Right2Center7Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 31%
C 54%
15%
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