Singapore-based Boyu Capital to buy Starbuck's operations in China for US$4 billion

[Ng Cheh Hwang]

Starbucks to sell control of China business to Boyu Capital in US$4 billion deal​

https://www.channelnewsasia.com/bus...china-business-boyu-capital-4-billion-5443196

Under the deal, Boyu - whose founders include the grandson of former Chinese President Jiang Zemin - will hold up to 60 per cent of a new joint venture. Starbucks will hold 40 per cent and will continue to license the brand and intellectual property to the venture.

 

[eatshitndie]

no point. xia xuay xi will throw them all in jail.

 

[iluvgst]

Singapore washing?

 

[Ng Cheh Hwang]

Singapore washing?

this is why we are one of the largest foreign investor in China

 

[Ng Cheh Hwang]

no point. xia xuay xi will throw them all in jail.

quite hard, his generals got purged lately.

 

[Pinkieslut]

Washing machine lol