07:25 AM EDT, 09/05/2025 (MT Newswires) -- Starbucks ( SBUX ) China operations have been valued at up to $5 billion by bidders looking to buy a stake in the business, Reuters reported Friday, citing two people with knowledge of the deal discussions.

Most bids have set the valuation for Starbucks China at about 10 times its expected earnings before interest, taxes, depreciation, and amortization of $400 million to $500 million in 2025, according to the sources.

The coffee giant invited about 10 potential buyers to submit non-binding bids by early September, but has yet to decide the size of the stake it is selling in the China business, Reuters previously said.

The company reportedly said in May that it was not considering a full sale and would maintain a meaningful stake in the Chinese operations.

Starbucks ( SBUX ) did not immediately respond to MT Newswires' request for comment on the matter.

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