China business: Starbucks sells majority stake to Boyu Capital

The US coffee chain is divesting control of its most important foreign business: Boyu Capital is acquiring a majority stake in Starbucks China for around USD 4 billion. The store network is to be adapted more closely to local consumer habits.

Fabian Peltsch

04. November 2025

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Fabian Peltsch

04. November 2025

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Last updated: 04. November 2025