On August 22, 2025, Starbucks requested a short-listed group of potential bidders to submit non-binding offers for a stake in its China business within the next two weeks. This development, reported by sources familiar with the matter, signifies progress in the company's strategic exploration.
The company is seeking a strategic partner to help revive sales and navigate the intense competitive landscape in China. This step moves the process from initial interest to concrete proposals, bringing a potential deal closer to fruition.
For investors, this indicates that Starbucks is actively pursuing a transaction that could lead to a significant capital infusion or a valuable strategic alliance. The outcome of these bids will be crucial for the future direction of its China operations.
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