Articles by 张军智

Why Did Metro, a Good Company, End Up Selling Itself?

Wumart's billion-yuan acquisition of 80% of Metro China has made Metro, a supermarket largely unknown to the Chinese public, a hot topic. As a supermarket that conducts wholesale business through retail methods, Metro has been the best-performing foreign retail giant in China. But Metro, a good company, ultimately chose to sell itself in the Chinese market.