Starbucks closes deal to sell China operations to Boyu, plans more stores

Starbucks closes deal to sell China operations to Boyu, plans more stores

A customer walks out of a Starbucks coffee shop in Beijing, China, November 4, 2025. REUTERS/Tingshu Wang

Waylon Cunningham

03 April, 2026

Boyu Starbucks Starbucks China

Printed by Unregistered user on Fri, 03 Apr 2026 03:31:02 GMT

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Subscribe to Newsletter

You may also like

Starbucks' discounted China sale highlights market struggles

Starbucks' China business sale to local PE firm could help it regain ground

Read more from Greater China

Beyond the Buyout: LPs reassess allocations with strategy stack in focus

Chinese robotics startup Galaxea AI raises $291m