Suning completes purchase of 80 pct stake in Carrefour China

Source: Xinhua| 2019-09-27 17:40:19|Editor: huaxia
Video PlayerClose

People visit the booth of Suning at the Consumer Electronics Show (CES) in Las Vegas, the United States, Jan. 9, 2018.(Xinhua/Li Ying)

The stake purchase is a key step in Suning's smart retail strategy, according to Zhang Jindong, chairman of Suning Holdings Group, parent of Suning.com.

NANJING, Sept. 27 (Xinhua) -- Chinese retail giant Suning.com has taken an 80-percent stake in Carrefour China after a wholly-owned subsidiary completed the equity transfer.

The deal was closed Thursday after Suning International Group Co., Ltd. completed the acquisition payment.

The Chinese retailer on Friday said it was cleared from an antitrust probe by the State Administration for Market Regulation in August.

Suning announced in June that Suning International would buy the controlling stake in Carrefour China owned by Carrefour Nederland B.V. for 4.8 billion yuan (673 million U.S. dollars) in cash.

French retail giant Carrefour Group then said it would retain a 20 percent stake in Carrefour China after the closing of the transaction.

The stake purchase is a key step in Suning's smart retail strategy, according to Zhang Jindong, chairman of Suning Holdings Group, parent of Suning.com.

Suning can digitize Carrefour's outlet stores to create a shopping experience integrating the online and offline retail businesses to better meet the rising consumer demand, said Zhang.

In mid-September, Suning announced that it planned to open over 200 home appliance stores at Carrefour's outlets across the country on Sept. 28.

Carrefour runs a network of 210 hypermarkets and 24 convenience stores in 51 Chinese cities.

The Nanjing-headquartered Suning owns one of China's leading e-commerce platforms with more than 400 million users and had 8,881 stores in China by the end of last year.

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011102121384284821
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲中文字幕精品 | 中国久久99视频免费看 | 亚洲AV日韩AV欧v在线天堂 | 久久婷婷色综合2020 | 午夜福利在线视频网址 | 日日狠狠久久偷偷色 |