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Post Mart is a joint-venture between China Post Group and U.S.-owned China Horizon Investments Group. Post Mart provides consumer goods to people in rural China using the existing China Post network of hundreds of thousands of village postal stations as well as a network of distribution centers.
In January 2016, China Horizon Investments sued China Post for fraud and breach of contract in relation to this venture.[1]
- ^ Freifeld, Karen (13 January 2016). "China Post Group sued by investors in joint venture". Reuters.