JD, Tencent, KKR may bid for Starbucks China deal: Report
Starbucks has shortlisted firms like JD, Tencent, and KKR for a potential stake sale or partnership in its China business, per Bloomberg. The deal could be partial or full. China is Starbucks' second-largest market, but it faces stiff competition from Luckin and Cotti. Retail sentiment on Stocktwits is 'extremely bullish' despite YTD stock dip.