Starbucks China Shakeup: Investment Firms Battle for Control

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

Categories:

Starbucks China is about to get a new major investor! Investment giants are battling it out to buy a controlling stake in the coffee chain's China business, valued at around $5 billion. With competition heating up and market share declining, Starbucks hopes this deal will help them regain ground in the crucial Chinese market. Find out who's in the running and what this means for your next Shanghai latte! Hosted on Acast. See acast.com/privacy for more information.