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Starbucks

Starbucks CEO

Meet the new Starbucks CEO, Laxman Narasimhan

Starbucks is such a major institution that there’s hardly a day when it’s not making the news. With Pumpkin Spice Lattes returning to the seasonal menu and the recent wave of unionized locations, you can’t escape the ’bucks. Now, the coffee chain is getting a new CEO.

The price of coffee in China

The price of coffee in China

Chinese startup Luckin Coffee Inc. is going head-to-head with Starbucks for supremacy in mainland China. Chinese President Xi Jinping recently received a gift from Howard Schultz, the former chief executive officer of Starbucks Corporation. The coffee giant’s former boss sent the Asian giant’s current boss a translated copy

starbucks in china

Starbucks strikes partnership with Sequoia Capital China in move to increase its investments in the country

On Monday, Starbucks announced that it has entered a strategic partnership with investment firm Sequoia Capital China to make co-investments and tap into China’s growing technology sector. Starbucks said in a statement that along with making co-investments with Sequoia Capital China, it will also look to form “commercial partnerships