Starbucks stores on Chinese mainland to reach 9,000 by 2025


SHANGHAI (Xinhua): Coffee giant Starbucks said on Wednesday (Sept 14) that its store count on the Chinese mainland is expected to grow to 9,000 by 2025, creating some 35,000 new jobs.

The number of stores on the Chinese mainland is set to reach 6,000 by end-September.

"Through the launch of the Starbucks China 2025 purpose-driven growth agenda, we reaffirm our strong confidence in the prospects and opportunities of the Chinese market with concrete commitments and actions," said Belinda Wong, chairman of Starbucks China.

Starbucks is now more resilient than ever after navigating challenges since the onset of the Covid-19 pandemic, she said.

With an investment of about 1.1 billion yuan, a Starbucks coffee creative park in Kunshan, east China's Jiangsu Province, will be completed and put into operation in 2023.

Starbucks said it plans to set up its first digital technology innovation centre on the mainland, for which the company will spend more than 1.4 billion yuan.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

China , Starbucks , outlets

   

Next In Aseanplus News

Japan PM Kishida's approval hits new low after ministers resign
Soccer-Diplomatic foes Iran and U.S. clash in winner-takes-all contest
Indonesia to use excess budget cash to rein in 2023 borrowing
Soccer-Messi dances night away after keeping World Cup storyline alive
PREVIEW-Soccer-Qatar depart their party looking to avoid third successive loss
Attention turns to presidential poll after Taiwan ruling party thrashing
Soccer-Doan to start for Japan, Costa Rica make two changes
Soccer-Injured Boyle promoted to 'vibes manager' in Australia's World Cup squad
Pahang Regent consents to Pakatan-BN state govt, Wan Rosdy as MB
Thousands throng Anime Festival in Singapore after long Covid-19 hiatus

Others Also Read