ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Retail

FamilyMart to revamp joint venture in China, ends divorce fight

Japan convenience store chains rethink strategies in changing market

FamilyMart ranked 10th in China among convenience store chains at the end of 2022, with 2,666 stores. (Photo by Naoki Matsuda)

TOKYO -- Japanese convenience store chain FamilyMart and its partner in China are ending their battle in favor of forging a new strategy together as competition heats up with homegrown rivals.

FamilyMart said Monday it has reached an agreement with Taiwan's Ting Hsin International Group to reorganize their joint venture in China.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more