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…
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.
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.
Savills has signed an agreement with Carrefour to provide exclusive store recruitment services to Siyuan Plaza, Carrefour's first shopping center in China.
American ice cream brand Haagen-Dazs wants to get a sip of the burgeoning Chinese coffee market.
Starbucks China recently announced that the company's first flagship store in Southwest and Central China regions has been officially opened in Chengdu, Sichuan.