Bloomberg Opinion: Why Starbucks Struggles With Luckin Model in China
November 22, 2024
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3:35Now PlayingBloomberg Opinion: Why Starbucks Struggles With Luckin Model in China
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as posted by the channelStarbucks is said to be exploring options for its Chinese operations, including the possibility of selling a stake in the business. Sources say the firm is speaking to advisers about its growth plans in Asia's biggest economy. Bloomberg Opinion columnist Shuli Ren gives her take on the American coffee chain's struggles in China.
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