Starbucks and boyu announce joint venture for the next chapter of growth in china

Seattle--(business wire)--starbucks coffee company (nasdaq: sbux) today announced it has entered an agreement to form a joint venture with boyu capital, a leading alternative investment firm, to operate starbucks retail in china. this partnership marks a significant milestone in starbucks ongoing transformation and underscores its commitment to accelerating long-term growth in china, one of the company's most important and fastest-growing markets globally. under the agreement, boyu and starbuck.
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