The coffee chain founded in October 2017 has 2,370 stores in 28 Chinese cities and said it will open 2,500 additional stores this year. Starbucks has 3,900 stores in China and has a goal of nearly doubling that number by 2022.
The company has more than 20 employees at present and over one-third are from Taiwan.
The company has already?added hundreds of Whole Foods items to its AmazonFresh grocery delivery service?and there is now a Whole Foods online storefront on Amazon’s website. It also plans to install Amazon Lockers at Whole Foods locations and will integrate its Prime membership program for Whole Foods shoppers.
The commercial street employs more than 150 people from poor families in Lagan village.
The closing meeting of the second session of the 13th National Committee of the Chinese People's Political Consultative Conference is held at the Great Hall of the People in Beijing, March 13, 2019. [Photo by Zhu Xingxin/chinadaily.com.cn]
The company also still maintains Amazon Fresh, and announced last month that the delivery service, which was previously .99 a month, is now included as part of the 9 yearly Prime membership fee.
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The company had previously revealed its plans to make its products available to 2 billion consumers by 2020.
The companies employ more than 1.1 million people globally.
The companies and underwriters will confirm the IPO dates after discussion with the exchanges.
The committee also voted that behind those groups should be other essential workers; people ages 65 to 74; and those aged 16 to 64 who have certain medical conditions — like obesity and cancer — that put them at higher risk for severe disease if they get infected with the coronavirus.