Flash Report 3 minutesRegister for Free AccessCarrefour Announces Sale of Majority Stake in Its China Operations to Suning.com Coresight Research June 24, 2019 Executive Summary Carrefour has agreed to sell an 80% stake in its China business to Suning.com. The agreement includes options for Carrefour to sell the remaining 20% to Suning.com after two years. The move follows Amazon exiting China and Aldi opening its first stores in the country. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: TrailblazerDX 2023: Keynote Address—Salesforce Jumps on the Generative AI Bandwagon with Einstein GPTUS Sportswear Retail: Multibrand Retailers Confront DTC Threats2023 US Tax Tracker #3: IRS Issues $199 Billion in Refunds, Average Refund Declines by 9%Shoptalk Europe 2023 Startup Pitch Competition: Preview—10 Innovators, Three Areas of Retail Disruption