Serving as CEO of Starbucks China means Wong, a Hong-Kong native, oversees the $22 billion global coffee chain’s fastest-growing market where a new Starbucks store opens every 15 hours. With 3,300 stores in China to date, she has a goal of opening 5,000 more by 2021, as Starbucks—once unrivaled in China—faces new competition from startups like Luckin Coffee. In addition to spearheading Starbucks’ torrid growth, Wong introduced a pioneering health insurance benefit and housing allowance for employees in June 2017, and in August 2018, her company teamed up with Alibaba to create a virtual Starbucks store for Chinese customers.
Company Financials
| 2017 Profits | 2,884.7 |
| 2017 Revenues | 22,387 |
| Market Value as of 08/30/18 ($M) | 71,640 |