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Starbucks records robust Q4 revenue growth in Chinese mainland with 326 new stores
U.S. coffee giant Starbucks announced Friday that the company has opened 326 new stores in the Chinese mainland during its fourth fiscal quarter from July 3 to Oct. 1, with a strong revenue growth of 15 percent year on year for its China business.
November03,2023
Starbucks opens new coffee innovation park in China
Global beverage chain Starbucks opened a new coffee innovation park in east China's Jiangsu Province on Tuesday.
September21,2023
Starbucks expects China to be "even bigger market"
Starbucks' new global CEO Laxman Narasimhan on Tuesday highlighted China's huge market potential and suggested the company's goal of opening 9,000 stores on the Chinese mainland by 2025 remains unchanged.
May31,2023
Starbucks says on track to meet 9,000-store goal on Chinese mainland
Starbucks' new global CEO Laxman Narasimhan on Tuesday highlighted China's huge market potential and suggested the company's goal of opening 9,000 stores on the Chinese mainland by 2025 remained unchanged.
May30,2023
Starbucks reports China recovery as customers return to stores
U.S. coffee giant Starbucks said Wednesday that the company has posted a recovery in its Chinese mainland business this year, fueled by a rebound in traffic as customers returned physically to the stores.
May04,2023
Starbucks boosts presence in China with growing store count
The U.S. coffee chain giant Starbucks said Friday that the recovering Chinese market will unleash huge consumer demand, with its store count on the Chinese mainland reaching 6,090 in the first quarter (Q1) of the 2023 fiscal year.
February05,2023
Starbucks deepens cooperation with SW China's Yunnan Province in past decade
The U.S. coffee chain Starbucks has gradually deepened cooperation with southwest China's Yunnan province since 2012, when Starbucks launched Asia's first Farmer Support Center in Pu'er city in the province, reported Shanghai Securities News on Tuesday.
December20,2022
Starbucks to donate over 17 mln yuan to Yunnan's coffee industry, exploring new model of rural revitalization
The Starbucks Federation has recently announced to donate over 17 million yuan (about 2.36 million U.S. dollars) to the China Foundation for Rural Development in order to support the development of the coffee industry in southwest China's Yunnan Province, reported Shanghai Securities News on Sunday.
November28,2022
Starbucks opens 6,000th store in Chinese mainland
Starbucks Tuesday celebrated its 6,000th store in the Chinese mainland, located in downtown Shanghai.
September28,2022
Starbucks wants 9,000 stores in China by 2025
The US multinational coffee company plans to increase the number of stores in China by 50% over the next three years, despite declining sales due to lockdowns. The country remains the largest market outside the US and is growing fast
September16,2022
Starbucks stores on Chinese mainland to reach 9,000 by 2025
Coffee giant Starbucks said Wednesday that its store count on the Chinese mainland is expected to grow to 9,000 by 2025, providing 35,000 new jobs for employees.
September14,2022
China's second Starbucks Greener Store in operation
Coffee giant Starbucks has opened a second Greener Store in the Chinese mainland, which meets its new standards of low energy consumption and waste disposal.
January18,2022
Across China: Starbucks cultivates growing taste of coffee in China
With the rapid economic development and expanding middle-class population in China, Starbucks coffeehouses have sprung up all across the country over the past two decades, making China the largest overseas market for Starbucks.
January20,2021
Starbucks innovation park construction begins in China
The construction of the Starbucks China Coffee Innovation Park in the city of Kunshan, east China's Jiangsu Province, officially began on Monday.
November17,2020
Starbucks to donate $1m for medics, communities
The Starbucks Foundation will contribute $1 million to Give2Asia to fund a project focused on supporting front line medical workers, and further strengthening grassroots disease prevention and control capabilities in China to safeguard the future of local communities in the country.
April02,2020
Across China: Starbucks' unwavering faith in China amid coronavirus outbreak
Belinda Wong, Starbucks China Chairman and CEO, had to unwind everything she had learned in her 30 years of experience in the retail world facing uncertainty brought by the novel coronavirus outbreak.
March10,2020
Starbucks reports better-than-expected growth of revenue in fiscal Q1
U.S. top coffee chain operator Starbucks Corporation Thursday said its consolidated net revenues grew 9 percent to 6.63 billion U.S. dollars, a better-than-expected result in its fiscal first quarter (Q1).
January28,2019
Starbucks to follow Apple in China decline
Famed U.S. companies like Apple and Starbucks are declining in the Chinese market because of pressure in the current macroeconomic context and intensified competition with local rivals.
January15,2019
Coffee startup Luckin aims to beat Starbucks in China in 2019
Chinese start-up Luckin Coffee aims to overtake Starbucks to become the country's most popular coffee chain brand by the end of this year.
January04,2019
Starbucks Reserve Roastery in Shanghai gains popularity
The Starbucks Reserve Roastery and Tasting Room in Shanghai has been gaining popularity since it started service about one year ago.
December24,2018
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