Wal-Mart: expansion in China

By: trademagazin Date: 2015. 09. 30. 09:16

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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.