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Puma to metals, China snapping up overseas assets againIn January alone, the volume of outbound mergers and acquisitions from Greater China approached $12 billion, the most for the first month o...- Starbucks sells 60% stake in China business in $4 billion deal with BoyuStarbucks is partnering with Chinese firm Boyu Capital to expand its presence in China. Boyu Capital will acquire a majority stake in Starb...
- In China, global companies struggle as home-grown brands steal thunderGlobal giants are grappling with the complexities of the Chinese market. Economic downturns and tepid consumer spending are compelling bran...
- Starbucks' pain, Chinese Chain Luckin Coffee's gain in U.S.? From number of stores to taste - here is a comparisonStarbucks has more than 41,000 stores in the world. Luckin has more than 26,000 stores worldwide.
- Starbucks says it is not currently considering a full sale of its China operationsStarbucks is exploring options for its China business, engaging with potential buyers to assess interest in either a controlling or minorit...
- Starbucks lowers prices in China as rivals brew up discount warStarbucks China is set to reduce prices on select iced beverages by an average of 5 yuan, approximately $0.70, amidst escalating competitio...
- Which Chinese company is set to give Starbucks a run for its money as it plans to enter the U.S. with multiple outlets?Luckin Coffee, a rapidly expanding Chinese coffee chain that has surpassed Starbucks in China, is poised to enter the U.S. market, starting...
- Make room Starbucks, McDonald's. China's Mixue, other brands win fans in Southeast AsiaThe Chinese beverage giant Mixue Group has become the world's largest F and B chain by number of outlets, overtaking Starbucks and McDonald...
- KKR, Fountainvest and PAG among those eyeing Starbucks China stake, sources sayKKR & Co, Fountainvest Partners, and PAG are among those interested in acquiring a stake in Starbucks' China business, as the U.S. coffee c...
- Starbucks' better-than-expected results point to turnaround taking rootStarbucks reported a smaller-than-expected fall in first-quarter comparable sales, signaling early benefits from CEO Brian Niccol's revival...
- Starbucks weighs strategic partnerships for China operationsStarbucks is looking for ways to improve its business in China. The company is considering selling a part of its Chinese business to a loca...
- China goes ape over culture-boosting 'Black Myth: Wukong' video game"Black Myth: Wukong," a video game adaptation of the classic "Journey to the West," saw 2.2 million concurrent players on its first day. Ch...
- Starbucks brews up cheaper India drinks as domestic rivals expandAlthough Starbucks still dominates in India, rivalry is fizzing in the capital, New Delhi, and the technology hub of Bengaluru, where many ...
- Implosion of high-flying billionaire trio shows pledging risksPledging is big in Asia, where state-owned banks dominate financial markets and high-growth companies are more common. Tycoons in China and...
- China's Luckin Coffee to delist from NasdaqLiu has been accused of faking 2.2 billion yuan ($310 million) worth of sales in 2019.
- Short selling tests China's zeal for market reformShort sellers sell borrowed shares in the hope of buying them back when prices fall and pocketing the difference.
- US lawmakers to unveil bill banning investment in firms tied to China's militaryRepresentatives Mike Gallagher, Jim Banks and Doug LaMalfa plan to introduce the bill, which would require Treasury Secretary Steve Mnuchin...
- There’s a long way to go before China Inc abandons US listingsIt will be a delicate balance for investors weighing between the risks, said Jingyi Pan.
- China urges its firms to list in London in renewed global push: SourcesThe Shanghai-London Stock Connect scheme, which began operating last year, aims to build links between Britain and China.
- Nasdaq to tighten listing rules, restricting Chinese IPOs: SourcesThis is the first time Nasdaq has put a minimum value on the size of IPOs.
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