Update: Starbucks Korea Confirms Raid at Seoul Headquarters

MT Newswires Live08-06

(Updates to add Starbucks Korea's confirmation in first and fifth paragraphs)

Starbucks Korea confirmed that authorities in South Korea conducted "a search and seizure" at its headquarters in Seoul, according to an emailed statement to MT Newswires.

The statement was in response to a Bloomberg News report on Thursday that authorities raided the company's Seoul offices on Wednesday over a May campaign accused of offending Gwangju uprising victims.

Shinsegae (KRX:004170), which owns a controlling stake in Starbucks Korea, reportedly confirmed the raid took place without providing more details.

The raid follows a civic group's defamation complaint against Group Chairman Chung Yong-jin of Shinsegae, the parent of E-Mart (KRX:139480), Bloomberg said.

In response to MT Newswires' email seeking comment, Starbucks Korea said: "We understand this to be part of an ongoing investigation. For further details regarding the investigation, we respectfully refer to you the relevant authorities."

Starbucks Korea is 67.5% owned by E-Mart, Bloomberg said.

Shinsegae and E-Mart did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2657500854?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-06 14:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2657500854","market":"nz","top_or_hot":-1,"title":"Update: Starbucks Korea Confirms Raid at Seoul Headquarters","media":"MT Newswires Live","content":"<html><body><p> (Updates to add Starbucks Korea's confirmation in first and fifth paragraphs)</p><p>Starbucks Korea confirmed that authorities in South Korea conducted \"a search and seizure\" at its headquarters in Seoul, according to an emailed statement to MT Newswires.</p><p>The statement was in response to a Bloomberg News report on Thursday that authorities raided the company's Seoul offices on Wednesday over a May campaign accused of offending Gwangju uprising victims.</p><p>Shinsegae (KRX:004170), which owns a controlling stake in Starbucks Korea, reportedly confirmed the raid took place without providing more details.</p><p>The raid follows a civic group's defamation complaint against Group Chairman Chung Yong-jin of Shinsegae, the parent of E-Mart (KRX:139480), Bloomberg said.</p><p>In response to MT Newswires' email seeking comment, Starbucks Korea said: \"We understand this to be part of an ongoing investigation. For further details regarding the investigation, we respectfully refer to you the relevant authorities.\"</p><p>Starbucks Korea is 67.5% owned by E-Mart, Bloomberg said.</p><p>Shinsegae and E-Mart did not immediately respond to MT Newswires' request for comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Update: Starbucks Korea Confirms Raid at Seoul Headquarters</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUpdate: Starbucks Korea Confirms Raid at Seoul Headquarters\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-06 14:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> (Updates to add Starbucks Korea's confirmation in first and fifth paragraphs)</p><p>Starbucks Korea confirmed that authorities in South Korea conducted \"a search and seizure\" at its headquarters in Seoul, according to an emailed statement to MT Newswires.</p><p>The statement was in response to a Bloomberg News report on Thursday that authorities raided the company's Seoul offices on Wednesday over a May campaign accused of offending Gwangju uprising victims.</p><p>Shinsegae (KRX:004170), which owns a controlling stake in Starbucks Korea, reportedly confirmed the raid took place without providing more details.</p><p>The raid follows a civic group's defamation complaint against Group Chairman Chung Yong-jin of Shinsegae, the parent of E-Mart (KRX:139480), Bloomberg said.</p><p>In response to MT Newswires' email seeking comment, Starbucks Korea said: \"We understand this to be part of an ongoing investigation. For further details regarding the investigation, we respectfully refer to you the relevant authorities.\"</p><p>Starbucks Korea is 67.5% owned by E-Mart, Bloomberg said.</p><p>Shinsegae and E-Mart did not immediately respond to MT Newswires' request for comment.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4504","symbol_name":"桥水持仓","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2657500854","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657500854","pubTimestamp":1785998197,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"(Updates to add Starbucks Korea's confirmation in first and fifth paragraphs)Starbucks Korea confirmed that authorities in South Korea conducted \"a search and seizure\" at its headquarters in Seoul, ac","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4504":"桥水持仓","LU0882574139.USD":"富达环球消费行业基金A ACC","PBJ":"INVESCO FOOD & BEVERAGE ETF","BREW":"Corgi Coffee & Energy Drinks ETF","SBU":"2倍做多SBUX ETF-Leverage Shares","BK4209":"餐馆","IE00B3T34201.USD":"BNY MELLON GLOBAL EQUITY INCOME \"B\" (USD) INC","BK4610":"咖啡茶饮","SBUX":"星巴克","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4535":"淡马锡持仓","LU0823411888.USD":"法巴消费创新基金 Cap"},"translate_title":"更新：星巴克韩国确认突袭首尔总部","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SBU":0.6,"SBUX":1.5,"PBJ":0.6,"BREW":0.6},"content_text":"(Updates to add Starbucks Korea's confirmation in first and fifth paragraphs)Starbucks Korea confirmed that authorities in South Korea conducted \"a search and seizure\" at its headquarters in Seoul, according to an emailed statement to MT Newswires.The statement was in response to a Bloomberg News report on Thursday that authorities raided the company's Seoul offices on Wednesday over a May campaign accused of offending Gwangju uprising victims.Shinsegae (KRX:004170), which owns a controlling stake in Starbucks Korea, reportedly confirmed the raid took place without providing more details.The raid follows a civic group's defamation complaint against Group Chairman Chung Yong-jin of Shinsegae, the parent of E-Mart (KRX:139480), Bloomberg said.In response to MT Newswires' email seeking comment, Starbucks Korea said: \"We understand this to be part of an ongoing investigation. For further details regarding the investigation, we respectfully refer to you the relevant authorities.\"Starbucks Korea is 67.5% owned by E-Mart, Bloomberg said.Shinsegae and E-Mart did not immediately respond to MT Newswires' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2657500854","isCrawlerRequest":true}