The number of people employed by Starbucks in Canada has more than doubled since the coffee giant’s founding in Seattle in 1958, surpassing the number of jobs it once had.
A study released this week found that Starbucks now employs more than 3.5 million Canadians, up from less than 300,000 in the first decade of the century.
Including temporary employees, Starbucks now has nearly 2.7 million employees in Canada, more than the total for the U.S. The U.K. employs more people than Starbucks, with a combined workforce of about 3.2 million.
More than 40% of the people employed at Starbucks are full-time employees, the study said.
The U.KS. is also the biggest Starbucks employer in the world, with more than 1.4 million workers.
“Starbucks’ continued expansion and strong performance are testament to its ability to build and sustain strong partnerships and partnerships with businesses that are aligned to our mission,” said Starbucks’ chief executive officer Doug McMillon in a statement.
McMillon said the company’s new $1.5 billion expansion in the U, U.Y. and Canada is a key driver of its continued success in the market.
Starbucks also is expanding its footprint in Asia, adding restaurants and shops to its core market of the Middle East and Africa.
Its latest round of financing led by China Investment Corp. came as part of the deal.
It will also provide more than $500 million in cash to the company, according to a statement from the bank.
While the investment will give Starbucks a $1 billion cash infusion, it will also be used to strengthen its operations in Canada and the U in the future, the bank said.
The company is investing in its business in a number of ways, including expanding its corporate social responsibility, in-store and online advertising and providing more frequent updates on its global workforce.
Starbucks is also making significant investments in the digital marketing and customer service areas, including digital initiatives in Canada that are focused on engaging customers and driving engagement.
Last year, Starbucks added 1,000 employees in the Toronto area, and is currently adding 1,600 employees in Vancouver and Calgary, the company said in a news release.
The coffee giant has also opened a store in downtown Vancouver in partnership with its Vancouver-based partner, First Canadian Bancorp.