• Wed
  • Sep 17, 2014
  • Updated: 1:22pm


Starbucks is a global coffee company founded in 1971 in Seattle, Washington, as a roaster and retailer of whole bean and ground coffee, tea and spices. Today it is the largest coffeehouse company in the world, with 20,366 stores in 61 countries. Starbucks went public on June 26, 1992 at a price of $17 per share (or $0.53 per share, adjusted for subsequent stock splits) and closed trading that first day at $21.50 per share. Starbucks Corporation's common stock is listed on NASDAQ, under the trading symbol SBUX. 

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On ATV protesting over new free-to-air licences:

Wednesday, 14 November, 2012, 3:15am

Starbucks roasted by British lawmakers over tax stance

British lawmakers grilled global coffee giant Starbucks over its tax policies on Monday, arguing that claims that its British division was unprofitable “just doesn’t ring true”.

13 Nov 2012 - 5:33am

Tax protest to hijack Starbucks outlets

Dozens of UK Starbucks branches will be turned into creches, refuges and homeless shelters, as direct action group UK Uncut hijacks the coffee outlets to highlight the chain's tax avoidance tactics.

13 Nov 2012 - 5:59am

What does Starbucks say of your status?

It's an open secret in Hong Kong's business community that many of the best ideas and biggest decisions come together over a cup of coffee rather than behind the closed doors of well-appointed boardrooms around town.

29 Oct 2012 - 9:10am 2 comments

The Week Explained: Tax Avoidance

Those of us who assumed that there was something dubious about the world's most famous purveyor of milky hot drinks (it calls itself a coffee specialist) have discovered that there is also something dubious about Starbucks' tax arrangements.

29 Oct 2012 - 2:22am

Starbucks open its first café in India, with more to come

After years of delays, Starbucks will open two stores in India this week after launching its first cafe in the country last Friday.

Its first store, in Mumbai, features local design, Indian teakwood furniture and espresso drinks made from Indian-grown and roasted coffee.

22 Oct 2012 - 3:00am

The Week Explained: Ikea controversy

Inter Ikea Systems, that company that sells basic yet hard-to-assemble furniture, has suffered a double whammy in Saudi Arabia after airbrushing women out of pictures in its catalogues.

15 Oct 2012 - 1:02am

South Korea out to contain cut-throat coffee competition

These days, a stroll on the streets of southern Seoul is just as likely to bring the fragrance of freshly brewed coffee as that of kimchi.

22 Aug 2012 - 2:57am

The cost of coffee in Hong Kong

Paying more than HK$30 for a cup of coffee would once have been unthinkable, but many Hongkongers now dip into their pockets on a daily basis to get their caffeine fix.

So popular has a regular latte or cappuccino become that there are now more than 120 Starbucks outlets across Hong Kong, with other coffee chains expanding fast.

20 Aug 2012 - 4:21am

Keep it simple - that's the real key to success

Keep your business model simple, and when you find one that works, repeat it. That's the advice James Allen has for evolving Chinese enterprises.

15 Aug 2012 - 11:23pm