Wangfujing Department Store
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Wangfujing (Chinese: 王府井百货) is a Chinese department store based in Beijing. Through a joint venture with Japanese department store Ito-Yokado, Wangfujing Yokado opened China's first full-scale food supermarket. Both companies each have a 40 per cent stake. Japanese supermarket operator York-Benimaru Co. has the remaining 20 per cent. It welcomes more than 10 million customers per day. It uses cloud computing services from IBM. The store is owned by the Chinese government.[1]
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