"China's coffee market continues to present structural growth opportunities," Guo said. "Gaining market share remains our top ...

China set a record this year with coffee shop unit growth that exceeded 20K new outlets. The total Chinese branded coffee shop market grew 31.5% over the last 12 months to reach 87,505 outlets, ...

According to market research institute Mintel Group China, both Starbucks and Luckin have reported strong growth in the ...

Starbucks’ investor day on Thursday came at a pivotal moment for the world’s largest coffee chain, as Wall Street looks for proof that its long-promised turnaround is finally taking hold.

SEATTLE--(BUSINESS WIRE)--Starbucks Coffee Company (NASDAQ: SBUX) today announced the official closing of its previously announced joint venture with Boyu Capital, marking a significant milestone in ...

Boyu Capital to hold up to 60% interest in joint venture Starbucks' market share in China has fallen to 14% from 34% Competitors like Luckin offer lattes at a third of Starbucks prices Nov 4 (Reuters) ...

When descendants of Luigi Lavazza were preparing to hand the reins of the century-old Italian coffee roaster to its first external manager, they took Antonio Baravalle to dinner, sat him down and told ...