Starbucks said Monday it is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China. Under the agreement, Boyu will acquire a 60% interest in Starbucks' retail operations in China, which is valued at $4 billion. Starbucks will retain a 40% interest in the joint venture and will own and license the Starbucks brand. Starbucks said its business in China will have a total value of more than $13 billion, including the proceeds from the sale of the controlling int ...

business. Kate Rogers got the details. Kate, >> hi Melissa.That's right. We've been uh anticipating this news. Starbucks announcing its founding partner in China, entering into a joint venture agreement with Buoyu Capital.It's a leading alt investment firm to operate Starbucks retail business in China. Now, under this agreement, Buoyu will hold up to a 60% interest in Starbucks retail operations in China. Starbucks will retain a 40% interest in the joint venture and it will continue to own and license the S ...

格隆汇11月4日｜星巴克表示已同意以40亿美元的价格将中国业务的控制权出售给博裕资本组建合资企 业，星巴克将持有其40%的股份。两家公司表示，星巴克将继续拥有并授权新实体使用星巴克品牌和知 识产权。星巴克盘后涨2.5%，截至周一收盘，其年内迄今累跌近11%。 ...

星巴克正以40亿美元的价格将其中国业务的多数股权出售给私募公司博裕资本，以助力其当地咖啡店业 务加速发展。 该公司发表声明称，博裕资本将通过与星巴克成立合资公司的方式收购其在华零售业务至多60%的股 份。星巴克将保留剩余的40%权益，并继续向合资公司授权其品牌和知识产权的使用。 来源：环球市场播报 星巴克表示，预计其在中国零售业务总估值超过130亿美元。 ...

Starbucks has agreed to sell a controlling stake in its China business to private-equity firm Boyu Capital, bringing on an outside partner for the first time in its second-largest market. ...

来源：滚动播报 博裕资本将以40亿美元收购星巴克中国业务60%股份。 ...

Nov 3, 2025 5:14 PM Eastern Standard Time Under the agreement, Boyu and Starbucks will operate a joint venture with Boyu holding a up to 60% interest in Starbucks retail operations in China. Starbucks will retain a 40% interest in the joint venture and will continue to own and license the Starbucks brand and intellectual property to the new entity. Boyu will acquire its interest based on a cash-free, debt-free enterprise value of approximately $4 billion. Starbucks expects the total value of its China retai ...

合资企业交易 - 公司与博裕资本成立合资企业以运营其中国门店 [1] - 博裕资本支付约40亿美元以获得合资企业最高60%的股权 [1] - 公司保留40%股权并继续拥有品牌和知识产权的授权权利 [1] 中国业务估值与背景 - 公司对中国业务的整体估值超过130亿美元 [2] - 估值包含控股权出售价值、保留股权价值及未来持续授权费 [2] - 公司于1999年开设首家中国门店 目前在中国拥有超过8000家门店 [3] - 中国已成为公司仅次于美国的最大市场 [3] 中国市场表现与挑战 - 近年来公司在华销售额大幅下滑 最初受疫情及政府限制影响 [4] - 后续面临日益激烈的竞争 竞争对手瑞幸咖啡门店数量已超越公司且以低价策略吸引顾客 [4] - 公司在华疲弱表现拖累整体财务业绩 [5] 行业战略趋势 - 中国庞大的人口和快速增长的经济长期吸引美国公司 [5] - 近期经济放缓及本土品牌竞争加剧促使部分公司重新评估战略 [5] - 行业出现不同战略动向 如汉堡王母公司收回中国业务控制权寻求转售 而麦当劳则增持中国业务股权至48% [6]

Starbucks said on Monday it has agreed to sell control of its China operations to investment firm Boyu Capital in a deal valued at $4 billion. ...

After several challenging quarters, Starbucks (SBUX) may finally be showing early signs of revival. In its fourth-quarter fiscal 2025 earnings call, management outlined meaningful progress under the company’s “Back to Starbucks” strategy, its turnaround plan. While results remain mixed in Q4, the company’s momentum in recent months suggests that its comeback story could gain traction heading into 2026. SBUX stock is down 11% year-to-date (YTD). Is this dip an opportunity to buy Starbucks on the dip? More ...