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flag Starbucks' China business, valued up to $10 billion, draws bids from about 30 firms amid falling market share.

flag Starbucks' China business has attracted bids from about 30 private equity firms, with valuations reaching up to $10 billion. flag The interest comes as Starbucks faces increased competition from local rivals, leading to a decline in its market share. flag Starbucks is evaluating these offers and aims to finalize a shortlist within two months, while planning to retain a significant stake in its China unit.

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