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Business deals

FamilyMart sues to end Chinese joint venture with Ting Hsin

Japanese convenience store chain cites contract disputes with Taiwanese partner

A FamilyMart in Shanghai, part of the fifth-largest convenience store chain in China. (Photo by Naoki Matsuda)

SHANGHAI -- FamilyMart wants to end a 15-year joint venture with Taiwan's Ting Hsin International Group that has produced the most successful chain of convenience stores in mainland China among Japanese operators, Nikkei has learned.

Parent company FamilyMart Uny Holdings is suing the Ting Hsin food conglomerate to dissolve the partnership, citing contractual disputes.

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