Flash ReportWalgreens Boots Alliance to Acquire a 40% Stake in Chinese Pharmacy Chain GuoDa Coresight Research December 7, 2017 Executive Summary On December 6, Walgreens Boots Alliance announced an agreement to invest in China-based Sinopharm Holding Guoda Drugstores (GuoDa). Walgreens Boots Alliance plans to acquire a 40% minority stake in GuoDa, subject to regulatory review and approval and customary closing conditions. GuoDa operates more than 3,500 retail pharmacies in approximately 70 cities across 19 provinces, autonomous regions and municipalities in China. The company employs close to 20,000 people. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 33: River Island Confirms Store Closures; Claire’s UK Files for AdministrationPlaybook: GenAI to Agentic AI—From Pilot to PowerhouseInnovator Profile: Sotira—Managing Reverse Logistics and Offloading Surplus Inventory with AIPositive Sentiment Trend Comes to an End: Weekly US Consumer Sentiment, Week 21, 2025—Infographic