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: Store Tracker Extra: US and UK Store Openings and Closures 2022 Review and 2023 OutlookWeinswig’s Weekly: Let Me Be Brief—The Implications of Declining Attention SpansAugust 2023 Leading Indicators of US Retail Sales: Consumer Sentiment Falls Month Over Month Amid Inflation ResurgenceInnovator Profile: Hawke AI Powers Performance Analytics for Enhanced Marketing Intelligence