Metro online: expansion in China

By: trademagazin Date: 2015. 10. 28. 10:16

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Germany’s biggest retailer, Metro AG is planning to start cooperating with Alibaba Group Holding. The German company will sell private label products on the website of the Chinese firm. In addition to this move, Metro plans further investments in the Far East. For instance at the end of summer they acquired Singapore company Classic Fine Foods Group for USD 328 million.