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Starbucks says it is not currently considering a full sale of its China operations

Starbucks says it is not currently considering a full sale of its China operations

FILE PHOTO: The logo of the American coffee company Starbucks is seen in Mexico City, Mexico, June 15, 2024. REUTERS/Raquel Cunha/File Photo

U.S. cafe chain Starbucks said it is not currently considering a full sale of its China operations, after Chinese financial magazine Caixin reported that it was without disclosing where it obtained the information.

Starbucks has held preliminary talks with more than a dozen potential buyers, Caixin also reported on Monday citing sources who did not specify what was for sale.

(Reporting by Anuja Bharat Mistry and Brenda Goh)

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