Germany’s Metro plans to double the number of its stores in China to more than 100 over the next three to four years to grab a bigger share of the country’s growing retail market, China Business News reported on Tuesday.
Metro, which runs hypermarkets and consumer electronics stores in China, also launched a business-to-business online store on Monday.
"Hopefully by using e-commerce, we will be able to enlarge our customer base and increase sales," Feng Liu, an executive with Metro China, told the newspaper.
(Source: CNBC)