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flag Starbucks seeks bids for a stake in its China business, valued up to $10B, to boost its market presence.

flag Starbucks is inviting non-binding bids for a stake in its China business within the next two weeks. flag Private equity firms like Carlyle, Hillhouse Investment, and Primavera Capital are among those interested. flag The sale, potentially valued at up to $10 billion, aims to attract a strategic partner to revitalize Starbucks' presence in China, where its market share has significantly dropped in recent years.

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