Published May 25, 2016 9:20am EDT | Updated May 25, 2016 11:05am EDT

Starbucks Launches Mobile App In Japan

Starbucks Corp. said Wednesday that it has launched its mobile app in Japan, the company's fourth largest market. Starbucks has 1,100 stores in Japan. The app brings the company's mobile payment and eGifting services to the country. Starbucks shares are down 0.8% in premarket trading, and down 7.7% for the year so far. The S&P 500 is up 1.6% for the year to date.