Starbucks Surrenders All Stores in China to ‘Chinese BlackRock’ For $4 Billion
On November 3, 2025, Starbucks stunned the global business community by announcing the sale of a 60% controlling stake in its China operations to Boyu Capital, a Hong Kong-based private equity firm, for $4 billion. The move hands Boyu the reins to Starbucks’...
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