Wal-Mart: expansion in China
On 30 June Wal-Mart, the world’s biggest retailer acquired Chinese online grocery store Yihaodian.com in full. Yihaodian’s online experience and the logistics background of Wal-Mart store constitute a competitive advantage in the Asian market, where Carrefour and Tesco are also expanding their business.
Related news
Several French cognac brands have been granted duty-free status in China, but not everyone is happy
China imposed an anti-dumping duty of up to 34.9 percent…
Read more >China imposes anti-dumping measures on wine spirits imported from the EU
China’s Ministry of Commerce announced anti-dumping measures on wine spirits…
Read more >The success of Hungarian-developed products with reduced deuterium content in China
HYD Cancer Research and Drug Development Ltd.’s Preventa deuterium-reduced drinking…
Read more >
More related news >
Related news
The hottest beer game of the summer is starting in Budapest
A beer guide offers the small-brew specialties of six iconic…
Read more >Gourmet adventure on the go: OMV VIVA’s summer gastronomic offer has been renewed
Summer is not only about freedom and sunshine, but also…
Read more >Wizz Air announces withdrawal: withdraws from Abu Dhabi, halts Middle East flights
Wizz Air has announced a drastic decision: it will completely…
Read more >