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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Starbucks Faces Further Heat From Chinese Netizens Over Hiking Prices

Starbucks China SBUX Starbucks Corporation United States

Starbucks Corporation (NASDAQ:SBUX) is facing irate internet users in China after announcing price hikes.

What Happened: On Thursday (Beijing Time), the People’s Daily reported that Starbucks price hikes dominated Weibo — a social media platform akin to Twitter.

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