CEO Brian Niccol hails China as one of many “most fun long-term alternatives” for Starbucks, which is striving to regain the initiative towards fast-growing home discounters
US espresso large Starbucks has formally closed its $4bn three way partnership with Boyu Capital, a deal it’s hoping will unlock a brand new period of sustainable, disciplined progress in China.
The deal, first introduced in November 2025, sees the non-public fairness agency take a 60% stake in Starbucks’ 8,000-store enterprise in China
