The coffee giant is looking for a partner in China to help navigate increasing local competition from domestic rivals, such as Luckin Coffee.
Starbucks CEO Brian Niccol signaled the coffee giant’s China business is worth more than previously thought, CNBC’s Jim Cramer said Thursday. After interviewing Niccol for Wednesday evening’s ” Mad Money, ” Cramer said the CEO wrote to say: “We expec… [2913 chars]
Source: CNBC | Published: 2025-10-16T15:19:35Z
Credit: CNBC