Starbucks coffee News
A Twitter user wrote, “Sitting at Starbucks - coffee for 400. Zomato discount for same coffee 190. Ordered Zomato with address of Starbucks.
Starbucks has seen rapid expansion in China, where it opened its first cafe 17 years ago. By 2011, the company had 400 outlets while today it has nearly 600 in Shanghai alone.
The company plans to close 379 Teavana tea shops due to poor performance, it said.
As it completed two years of operations in the country, American coffee chain Starbucks today said its success in India has exceeded its expectations.
Starbucks Corp on Tuesday said it plans to buy the remaining 60.5 percent share of Starbucks Coffee Japan Ltd that it does not already own in a two-step deal valued at about $913.5 million.
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