Flash ReportCarrefour 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Connected TV’s Opportunities and Growing Pains: 10 Insights from CTV Connect 2025Innovator Profile: PlayAbly—Creating Engaging, Branded Experiences with AI-Powered Shoppable GamesInside India’s Flourishing Men’s Skincare Market—Masstige Growth, Celebrity Influence and Tech InnovationInnovator Profile: Shopeaks—Transforming Social Media Monetization with Personalized Storefronts
