Alibaba Bids For Metro Brick-And-Mortar Stores In China
PYMNTS
FEBRUARY 14, 2019
14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in the Chinese wholesale operations of Germany-based Metro AG. Those Metro stores that Alibaba reportedly wants still seem to have some life left in them. Metro reported that same-store sales in Asia rose a currency-adjusted 7 percent to €1.04
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