USEUROPEAFRICAASIA 中文双语Français
Home / Hospitality

Lotte to sell its mainland supermarkets by year-end

By Wang Zhuoqiong | China Daily | Updated: 2017-10-13 08:01

South Korean conglomerate Lotte Group said on Thursday that it expects to sell its Lotte Mart stores in China by the end of this year.

The company has received interest from several buyers for its China stores and was evaluating the proposals, according to a Reuters report.

"We are in detailed talks with some of those companies," Lim Byung-yun, an executive vice-president at Lotte Corp, the group's newly launched holding company, said at a news conference.

Lotte to sell its mainland supermarkets by year-end

Today's Top News

Editor's picks

Most Viewed

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US