Wumart, Dmall, Metro tie up to benefit all

Retailers and wholesaler's cooperation to increase product diversification, bolster food quality and safety standards

It is a common practice for retailers to check out the stores of their competitors to compare prices, layouts and payment systems.

But for Wumart Technology Group Co Ltd, a Beijing-based retail giant, and Metro Group, a German wholesaler, who announced last month that they will form a joint venture, such visits have provided a valuable learning experience.