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Companies / China

Wu-Mart Goes From Strength To Strength

August 2008 | Company News Alert

Beijing-based Wu-Mart - which has a similar business model to US giant Wal-Mart, the world's largest retailer - has announced that sales for the first six months of the year have grown by 23.6% year-on-year (y-o-y) to reach CNY808mn (US$117.92mn). Meanwhile, same-store performance improved by 13.9% in H108 compared to the same period the year before.

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