Starbucks JV in China, Vintage Coffee Raises Funds, Coffee Prices Rise

Starbucks and Boyu Announce Joint Venture to Expand in China

Starbucks Coffee Company has entered into a joint venture agreement with Boyu Capital to operate Starbucks retail in China, marking a significant step in its growth strategy in the region. Boyu will hold a 60% interest while Starbucks retains 40%. The deal values Starbucks’ China retail business at over $13 billion, including proceeds from the sale, retained interest, and licensing economics. The partnership aims to deepen Starbucks’ presence in China by combining Starbucks’ brand and expertise with Boyu’s consumer insights. The joint venture is expected to finalize in Q2 FY2026 pending regulatory approvals (comunicaffe.it, 4 November 2025).

Vintage Coffee & Beverages Raises ₹5.75 Crore Through Warrant Conversion

Vintage Coffee & Beverages Limited strengthened its financial position by raising ₹5.75 crore through the conversion of 12.5 lakh warrants into equity shares at ₹46 per share. The conversion was approved on November 4, 2025, and executed by promoter Tati Sai Teja. This capital infusion demonstrates investor confidence and complies with SEBI regulations, supporting the company’s growth in the instant coffee and beverage sector (scanx.trade, 4 November 2025).

Global Coffee Prices Rise Amid Weather Concerns Despite Production Growth

Global coffee prices have risen due to weather concerns affecting key producing countries. Brazil’s crop forecasting agency Conab cut its 2025 Arabica coffee production estimate by 4.9% to 35.2 million bags, slightly lowering total production forecasts. Meanwhile, the USDA Foreign Agriculture Service projects a 2.5% year-on-year increase in world coffee production for 2025/26 to a record 178.68 million bags, driven by a 7.9% rise in Robusta output and a 6.9% increase in Vietnam’s production to a four-year high of 31 million bags. Ending stocks are also forecast to increase by 4.9%, indicating adequate supplies despite price support from weather risks (nasdaq.com, 4 November 2025).