FamilyMart in dispute with Ting Hsin in China

Date : 15 May 2019

FamilyMart is reportedly suing to end its partnership with Taiwanese conglomerate Ting Hsin Group in China.

Dispute over royalties and visibility

FamilyMart has accused Ting Hsin of failing to arrange a fair share for profits it earned from its business in China, and not providing adequate information on the venture’s profitability.

More about the partnership

FamilyMart first established the joint venture back in 2004, and now operates over 2,560 stores in China. Ting Hsin Group currently owns 59.65% stake in the business.