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Midea Int'l Signs MOU with Charoen Pokphand Group's Retail Supermarket Firm
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Midea International and CP AXTRA, a retail company under the umbrella of Thailand's Charoen Pokphand Group, held a signing ceremony at Midea's headquarters, during which they formally signed a memorandum of understanding (MOU). The MOU aims to further expand Midea's home appliance business in Thailand through CP AXTRA's warehouse-style supermarket Makro and chain supermarket Lotus's omnichannel and B2B operations, so that the penetration of the Midea brand can speed up in the Thai market. AAStocks Financial Newsa |
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