Getty Images
Starbucks China has become the focus of intense interest from potential buyers, with bids valuing the business at up to $10 billion, according to sources familiar with the ongoing deal negotiations.
The coffee chain, a dominant player in China’s rapidly growing coffee market, is actively assessing the variety of proposals it has received. These include detailed offers on deal structure, post-sale growth strategies, and value creation plans from prospective investors.
Despite the sale process, Starbucks has emphasized its ongoing commitment to the Chinese market. A company spokesperson reiterated the intention to retain a meaningful ownership stake post-transaction.
“We remain committed to China and want to retain a meaningful stake in the business. Any deal must make sense for Starbucks business and partners,” the spokesperson stated, highlighting the company’s focus on long-term growth and partnership stability in the region.
The $10 billion valuation reflects Starbucks China’s strong brand presence and the immense potential in a country where coffee consumption has been rising steadily. China’s coffee market has expanded rapidly, with younger consumers driving demand for premium and specialty coffee experiences.
Starbucks operates thousands of stores across key urban centers, continuing to innovate with digital ordering, delivery services, and localized products tailored to Chinese tastes.
While specific bidders remain undisclosed, industry experts suggest a mix of private equity firms, local conglomerates, and global investors are competing for control or significant stakes in Starbucks China. The deal structure proposals vary from full acquisitions to joint ventures or minority investments, reflecting differing risk appetites and growth visions.
As Starbucks evaluates these offers, the company aims to ensure the transaction supports its global strategy while unlocking additional value for shareholders and partners in China. The final deal could reshape the competitive landscape of the Chinese coffee market and serve as a blueprint for foreign companies balancing ownership with local market dynamics.
Starbucks China’s sale process, with bids nearing $10 billion, underscores the lucrative potential of the region’s coffee industry and Starbucks’ determination to maintain a strategic foothold. The coming months will be critical as the company weighs offers that align with its vision for sustained growth and market leadership.