Starbucks and Uni-President jointly announced that Starbucks will invest about USD1.3 billion in cash to acquire the remaining 50% stake in President Starbucks Coffee Shanghai Co. Ltd., the two parties' joint venture in the East…
Swedish start-up company Wheelys recently opened an unmanned convenience store which is controlled by app in Shanghai.
The next latte you sip in China may be paid via the Tencent Wechat app.
Starbucks China plans to complete the establishment of its coffee delivery service within the 2017 financial year so consumers will be able to enjoy delivered Starbucks coffee within 20 minutes of an order placement.
Will Starbucks succeed in bringing tea to a nation already ensconced in its own tea drinking traditions? Starbucks hopes its Teavana makes sense to Chinese consumers.
According to information from Starbucks China, the company will recall its stainless steel straws, which are sold as cup accessories, in mainland China.
Starbucks plans to enhance its investment in the Chinese market and open 500 new stores every year in the country over the next five years.
China's first crowdfunded cafe 3W has reportedly completed its first round financing, which was led by JD.com and participated by Dongfang Hongdao and Tsinghua Holdings.
Starbucks and Chinese food and beverage maker Tingyi Holding Corp. announced that the two parties have signed a cooperation agreement under which Tingyi will manufacture and expand distribution of Starbucks ready-to-drink products in mainland China.
American ice cream brand Haagen-Dazs wants to get a sip of the burgeoning Chinese coffee market.