Starbucks strikes partnership with venture capital firm Sequoia to make tech investments in China [MSNBC.com]
Starbucks Corporation (SBUX)
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Source: MSNBC.com
A Starbucks Corp. logo sits in the window of a closed coffee shop at the Yuyuan Bazaar in Shanghai, , on Friday, Feb. 7, 2020.Qilai Shen | Bloomberg | Getty Images"The partnership enables Starbucks to tap into the most dynamic Chinese technology entrepreneurs in order to delight our customers with meaningful innovations created in , for ," Belinda Wong, chairman and chief executive officer at Starbucks said in a press release.Starbucks will be able to get early access to "ideas in the retail marketplace, creating opportunities for strategic investment," the company said. Companies that it invests in will be able to leverage Starbucks' retail expertise, scale and infrastructure, it added.The latest push from Starbucks aims to boost the digital aspect of its business in , one of its most important markets.In 2018, Starbucksstruck a partnershipAlibabaThe company said that it will "explore opportunities to embed digital technologies across all dimensions of its retail business" and use d
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SBUX
Earnings
- 10/29/25 - Miss
SBUX
Sec Filings
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- 11/20/25 - Form 4
- SBUX's page on the SEC website