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Starbucks To Partner Sequoia Capital For Tech Investments In China

Apr 27, 2020 - Nasdaq
Product Launch

(RTTNews) - Starbucks Corp. has formed a strategic partnership with venture capital firm Sequoia Capital China to co-invest in technology companies in China. The Seattle-based coffee giant said that in addition to strategic co-investments, it will make commercial partnerships with "next-generation food and retail technology companies" to propel Starbucks digital innovation in China. The partnership marks Starbucks latest move to grow the coffee and retail industry in China, one of its two lead...