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Why Starbucks failed in Australia

Lesson created by Cynthia Silva using TED-Ed's lesson creatorVideo from CNBC YouTube channel

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Starbucks can be found all over the world, from Shanghai to Guantanamo Bay. But there is one continent that was uninterested in the coffee giant. Australians largely rejected Starbucks' attempted takeover, which led to an embarrassing retreat for the brand. CNBC explains what went wrong.

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