Meet the investor buying 60% of Starbucks' China business in a $4 billion deal

Source: Business Insider

Starbucks has sold 60% of its China business to Boyu Capital. Cheng Xin/Getty ImagesStarbucks is selling 60% of its China business to Boyu Capital, a China-focused private equity firm. Boyu Capital backs retail heavyweights Alibaba Group and Meituan.