China market
Starbucks Forms $4 Billion Joint Venture with Boyu Capital to Accelerate Growth in Chinese Market
Nov 04, 2025 08:41 am CST
Starbucks has announced a strategic $4 billion joint venture with Boyu Capital, selling a 60% stake in its China operations while maintaining brand ownership. The partnership aims to accelerate expansion to 20,000 stores across China, addressing recent competitive challenges and leveraging Boyu's local expertise to enhance growth in smaller cities and new regions.
Apple Reports Strong iPhone 17 Demand Despite AI Development Delays
Oct 29, 2025 09:25 pm CST
Apple is set to announce record quarterly sales driven by strong iPhone 17 demand in key markets despite lagging behind competitors in AI development. The new lineup has performed well in the US and China with 14% higher initial sales than its predecessor, particularly for premium Pro models, though the company still faces challenges with its AI strategy and talent retention.