Starbucks Evaluating Offers for China Business
Starbucks is assessing bids from five parties for its China business as it seeks a partner to navigate the country's competitive coffee landscape.
"We've had very strong interest from multiple, high-quality partners all of whom share our confidence in the long-term growth potential of Starbucks in China," said a Starbucks spokesperson.
The spokesperson said that five bidders had provided bids, and the company was in the process of evaluating them...
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