By Stephen Nakrosis 
 

Starbucks Corp. and Nestle SA on Monday said they would work together to bring Starbucks ready-to-drink coffee beverages to markets in Southeast Asia, Oceania and Latin America.

The companies said their initial focus will be on their most popular ready-to-drink products, which will be "rolled out across a variety of channels," including online.

The companies said this new collaboration builds on their three-year partnership "through the global coffee alliance, which expanded the reach of Starbucks-branded coffee and tea products across 79 markets outside Starbucks retail stores."

The companies will work to bring the products to consumers starting next year, they said.

 

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

July 26, 2021 17:10 ET (21:10 GMT)

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