Which retailer was the first to successfully enter the Chinese market through a joint venture model in 1996, pioneering a strategy that countless Western brands would later follow?

Test your knowledge about significant geographic expansion strategies employed by major retail brands. Throughout history, certain retail expansion moves have dramatically reshaped the global marketplace and set new precedents for international business growth. This trivia focuses on a groundbreaking retail expansion that changed how we think about global market entry.

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Walmart (through partnership with China International Trust and Investment Corporation)
Carrefour (through alliance with Lianhua Supermarket Holdings)
IKEA (through cooperation with Shanghai Pudong Development Group)
Tesco (through joint operation with China Resources Enterprise)