
Starbucks Sells Majority Stake in China to Boyu Capital for $4 Billion
Starbucks plans to sell control of its China operations to Boyu Capital in a deal valued at $4 billion, aiming to expand from 8,000 to over 20,000 stores and regain market share lost to local competitors like Luckin, with Boyu holding up to 60% of a new joint venture to support growth and efficiency.





