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: RetailTech: Three Technologies Landlords Can Use to Take Malls to the Next LevelWeekly UK Store Openings and Closures Tracker 2025, Week 30: Marks & Spencer Opens Airside Food StoresUS Store Tracker Extra, October 2025: Rite Aid Takes Total Closed Retail Space to 143 Million Square Feet2026 Retail Predictions: China—Five Pillars for Moderate Growth Amid a Tough Environment
