每经讯11月4日，星巴克宣布与中国领先的另类资产管理公司博裕投资达成战略合作，双方将成立合资 企业，共同运营星巴克在中国市场的零售业务。 博裕投资创立于2011年，是一家深耕中国市场、布局全球的另类资产管理公司，投资组合超过200家企 业，构建了涵盖私募股权、公开市场、基础设施及创业投资的多元化投资管理平台。 星巴克执行副总裁兼中国首席执行官刘文娟表示："与博裕的强强联合将进一步助力我们充分释放巨大 的市场潜力。" 博裕投资合伙人黄宇铮表示："我们将与星巴克协作，融合星巴克在全球咖啡行业的领导力与博裕深度 的本地市场洞察，致力于加速增长，为更广大的中国消费者缔造卓越的咖啡体验。" ...

Starbucks said Monday it sold a majority stake in its China business to Boyu Capital in a deal that values the business at $4 billion. Boyu will own a 60% stake in the business, with Starbucks holding the remainder. The coffee chain expects the total value of its China business to surpass $13 billion, including ongoing licensing agreements in the region, along with its remaining stake in the unit. "Boyu's deep local knowledge and expertise will help accelerate our growth in China, especially as we expand ...

Core Viewpoint - Starbucks has announced a strategic partnership with Boyu Capital to establish a joint venture for operating its retail business in China, with Boyu holding up to 60% equity and Starbucks retaining 40% [2]. Group 1: Joint Venture Details - The joint venture will be based on an enterprise value of approximately $4 billion, excluding cash and debt, allowing Boyu to acquire its corresponding equity stake [2]. - Starbucks anticipates that the total value of its retail business in China will exceed $13 billion, which comprises three components: the equity stake sold to Boyu, the value of Starbucks' retained stake in the joint venture, and ongoing royalty income from the joint venture over the next ten years or longer [2]. Group 2: Future Expansion Plans - The new joint venture will be headquartered in Shanghai, with both parties committed to gradually expanding the number of Starbucks stores in China to 20,000 [2].

Core Viewpoint - Starbucks has announced a strategic partnership with Boyu Capital to establish a joint venture for operating its retail business in China, with Boyu holding up to 60% equity and Starbucks retaining 40% [1] Group 1: Joint Venture Details - The joint venture will be based on an enterprise value of approximately $4 billion, excluding cash and debt, allowing Boyu to acquire its corresponding equity [1] - Starbucks expects the total value of its retail business in China to exceed $13 billion, which comprises three components: the equity stake sold to Boyu, the retained equity value in the joint venture, and ongoing royalty income from Starbucks over the next ten years or longer [1] Group 2: Future Expansion Plans - The new joint venture will be headquartered in Shanghai, with plans to gradually expand the number of Starbucks stores in China to 20,000 [1]

Core Viewpoint - The U.S. coffee-shop chain is entering a joint venture with Boyu Capital, with Boyu acquiring a 60% stake in the company's retail operations in China, while Starbucks retains a 40% interest [1] Group 1 - The joint venture aims to enhance Starbucks' presence and operational efficiency in the Chinese market [1] - Boyu Capital's significant stake indicates a strategic partnership that may leverage local market expertise [1] - Starbucks will continue to manage its brand and operations in China despite the reduced ownership percentage [1]

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 ...

Core Insights - Starbucks has announced a joint venture agreement with Buoyu Capital to operate its retail business in China, with Buoyu holding up to a 60% interest and Starbucks retaining 40% [2][4] - The joint venture is based on a cash-free, debt-free enterprise value of approximately $4 billion, while Starbucks expects the total value of its China retail business to exceed $13 billion [3][4] - The finalization of the joint venture is expected in Q2 of fiscal year 2026, pending regulatory approvals [4] Company Performance - Starbucks' China business has shown signs of recovery, with same-store sales increasing by 2% and a 9% rise in customer traffic reported in the latest earnings [4][5] - The importance of the Chinese market is emphasized, often referred to as Starbucks' second home market, contributing to a 2% increase in stock price following the announcement [5] Joint Venture Details - Buoyu Capital, a leading alternative investment firm, will manage the Starbucks retail operations in China, with headquarters in Shanghai [2][6] - Starbucks will continue to own and license its brand and intellectual property to the new entity [2]

Core Viewpoint - Starbucks has agreed to sell control of its China business to Boyu Capital for $4 billion, retaining a 40% stake in the new joint venture [1] Group 1: Transaction Details - The deal involves Starbucks continuing to own and license its brand and intellectual property to the new entity [1] - Starbucks shares rose by 2.5% in after-hours trading following the announcement [1] Group 2: Financial Impact - Year-to-date, Starbucks stock has declined nearly 11% as of the close on Monday [1]

Core Viewpoint - Starbucks is selling a majority stake of its China business to private equity firm Boyu Capital for $4 billion to accelerate the growth of its local coffee shop operations [2] Group 1: Transaction Details - Boyu Capital will acquire up to 60% of Starbucks' retail business in China through the establishment of a joint venture [2] - Starbucks will retain a 40% stake and continue to license its brand and intellectual property to the joint venture [2] Group 2: Valuation Insights - Starbucks expects the total valuation of its retail business in China to exceed $13 billion [2]