After 17 years of entry into the Chinese market, Starbucks has exceeded 2000 stores in China for the first time.
In order to continue to advance by leaps and bounds in the Chinese market, Schultz announced a series of welfare programs for Chinese partners on the same day, including a "housing subsidy program" that can cover 50% of the average rent expenditure in the cities where the partners are located. Schultz is very optimistic about the extremely high profit margins from the Chinese market. Starbucks' previous financial statements showed profit margins of 32% in China and the Asia-Pacific region, 21.1% in the Americas, and only 1.9% in Europe, the Middle East and Africa.
In fact, the business partnership between Starbucks and Ali has already begun. Tmall's official flagship store has more than 300000 followers since it officially opened in December, according to figures released by Starbucks. On this platform, what is sold is not coffee beans, but "Starbucks special electronic souvenir products", such as electronic gift cards with a face value of 50 yuan or 100 yuan.
Jack Ma, chairman of Alibaba, was also present for the Starbucks platform. Jack Ma said that Starbucks is not only a cup of coffee, but also an attitude towards life; Taobao is not only online shopping, but also a kind of life. "when I started my business, Starbucks was a myth." Ma Yun said: in China, a country that has no habit of drinking coffee, what on earth has happened to make the business of drinking coffee so big? It's worth learning.
"as Starbucks' fastest growing second largest market in the world, China represents our most important and exciting opportunity." Howard Schultz, chairman and CEO of Starbucks Coffee, said at a meeting of Starbucks' Chinese partners and families that China will become Starbucks' largest market in the world in the future.
In its 17 years of entry into the Chinese market, Starbucks has exceeded 2000 stores in China for the first time. But Starbucks' ambitions do not stop there. The world's largest coffee chain plans to add thousands of stores in China, which is expected to reach 3400 in 2019. This means that Starbucks plans to double its stores in China in four years.

- Prev
What is the fundamental problem behind the collapse of crowdfunding cafe projects?
The initiator of crowdfunding does a lot of things personally. He has the ability to initiate crowdfunding, which does not mean that he has the ability to operate. Operation is not necessarily his specialty. Crowdfunding has advantages, but when it comes to managers, it becomes a retrogression in enterprise management. So where is the way out for Chinese crowdfunding? How can we break the spell of crowdfunding easy and difficult business
- Next
Yunnan Coffee Trading Center officially launched in Pu'er City, "good coffee should be shared with the whole world."
On the same day, the opening ceremony of Yunnan boutique coffee processing park was also held. As the main construction content of Yunnan coffee trading center, it includes a coffee trading headquarters, a boutique processing park, three coffee collection centers, a coffee delivery warehouse and so on. These have marked a new step in Pu'er 's transformation and upgrading of the coffee industry. It is understood that Yunnan Coffee Trading Center
Related
- The design principle of the V60 filter cup! Why is the V60 filter cup called V60? What is the difference between a V60 hand-brewed coffee filter cup and a cake filter cup? Who invented the V60?
- Why does mocha pot coffee smell burnt? How to adjust the coffee extract in the mocha pot? What should I do if the coffee in the mocha pot is burnt? Why is mocha pot coffee so easy to overpower?
- Why can't cappuccinos be made takeout? What is the ratio of coffee to milk in a cappuccino? How thick is the milk foam in capuccino? What does Capuccino mean?
- How to make silky and strong salty mocha coffee? How to make a delicious mocha latte? What is the difference between latte and mocha coffee?
- How to use the Aiyue coffee press machine? Who invented Aiyue Pressure? What is the difference between Aiyue brewed coffee and hand-brewed coffee? What is the principle of coffee extraction from Aiyue Pressure?
- How to make the world's top coffee Yejia Xuefei? What are the characteristics of Yejia Shefi coffee? What is the flavor of Yejia Shefei? How to solve the blockage during lightly baked beans?
- What does long extract coffee mean? What is the difference between long-extract coffee and American coffee? What is the difference between Lungo and American coffee? What is Lungo Coffee?
- What does under-extracted coffee taste like? What are the characteristics of over-extracted coffee? How to tell if coffee is over-extracted or under-extracted?
- Why isn't Dirty hot? What is Dirty in espresso? What should I do with hot Dirty?
- Share the correct way to make hanging ear coffee! How much water should I use to make my ear coffee? How many stages does the water injection of hanging ear coffee need to be divided into? How much water does it take to put in hanging ear coffee? How to m