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: E-Commerce Outlook: European Apparel and Footwear—Poised for Growth in 2023 and BeyondJuly 2023 China Retail Sales: Retail Sales Slowdown ContinuesCGI and 3D Product Imagery: The Future of Visual Merchandising in E-CommerceFebruary 2023 US Retail Sales: Total Sales See Second Month of Strong Expansion
