16 May 2018
Japan's Sumitomo Corporation is planning to acquire a 22% share in Simple Mart, a Taiwanese supermarket chain, to gain access to a new channel for distributing Japanese products.
Simple Mart to double its store network by 2023
With Sumitomo's investment, Simple Mart will look to double its 600-plus store network by 2023. The deal is expected to be completed in August and will expand Simple ...