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ID: 55239652 Video

Headline: Starbucks Sells Majority Stake in China Operations for $4 Billion

Caption:

Starbucks is scaling back in China — selling control of its operations to investment firm Boyu Capital in a deal worth around $4 billion.

Keywords: Current affairs & Politics,Starbucks China sale,Boyu Capital,$4 billion deal,60% ownership transfer,Luckin Coffee,Cotti Coffee,market share decline,premium brand strategy,licensing revenue,China coffee market,competition,after-hours stock rise

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