Starbucks bets on China with new $220 million 'innovation park' in Kunshan - News Summed Up

Starbucks bets on China with new $220 million 'innovation park' in Kunshan


The site is home to a large coffee roasting facility and an area that lets visitors see how drinks are made. Starbucks' new campus in Kunshan, eastern China. China has long been one of the most important growth drivers for Starbucks, serving as its second-biggest market worldwide and top overseas market. “As one of the largest consumer markets in the world, China presents tremendous opportunities for Starbucks,” Narasimhan said in the statement. “As Starbucks’ largest and fastest-growing international market, we will continue to deepen our investment and reinforce our unwavering long-term commitment to the China market.”


Source: CNN September 19, 2023 23:22 UTC



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