On 27th Apr 2020, Starbucks China released an announcement that the company officially partners up with Sequoia China, working on the development of the tech field in China. People may wonder why Starbucks China would partner up with Sequoia China. I guess this is a win-win for both of the companies.
Sequoia China is one of the largest VC funds in the world, focuses on tech companies, and Starbucks is another giant in the F&B . . .