IKEA To Accelerate China Expansion With $1.4B+ Investment
PYMNTS
SEPTEMBER 23, 2019
China is part of the company’s top five markets, offering revenue of Rmb15.5bn in 2018, a 6 percent increase from the year prior. The company is also creating a new, small-format store in the nation. However, that was lower than the 19 percent growth in 2016, per information the company reportedly offered local media.
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