Metro AG and Costco in opposite moves in China

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14 November 2019 à 15h06

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Publication: 14 November 2019 à 15h06

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Add mind Retail to your sources

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14 November 2019 à 15h06

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Publication: 14 November 2019 à 15h06

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The German wholesale retailer Metro AG agreed to sell a majority stake in its Chinese operations to Wumei Technology, which owns 1,000 stores (under the Wumart brand notably) with annual sales of €6.4 billion.

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