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: Amazon Prime Day India 2024: Preview—Setting Up for Success with Fast Fulfillment and Affordable AccessSocial Splurge—Consumers Get Out and About During Memorial Day Weekend: US Consumer Survey InsightsInnovator Matrix: Last-Mile DeliveryUS Consumer Tracker Extra: Which Consumers Are Trading Down To Combat Inflation?