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Suning Tesco acquires 80% equity of Carrefour China and plans to invest 4.8 billion yuan

via:博客园     time:2019/6/23 20:02:05     readed:328


Netease Technology News June 23 news, Suning Tesco announced today that the company's wholly-owned subsidiary Suning International plans to invest 4.8 billion yuan to acquire 80% of Carrefour China. Upon completion of this transaction, Suning Tesco will become the controlling shareholder of Carrefour China, and the shareholding of Carrefour Group will fall to 20%. This is also the second time since the acquisition of Wanda Department Store at the beginning of the year, Suning Tesco has once again launched an offensive against offline quality retail resources.

Suning said that the acquisition of Carrefour China can combine the latter's operating experience and supply chain capabilities with Suning's full-scenario retail model, three-dimensional logistics distribution network and technical means to improve the O2O layout in the fast-moving consumer category. Reduce procurement and logistics costs, and enhance market competitiveness and profitability.

<#comment>Carrefour China officially entered the Chinese mainland market in 1995. Currently, it has 210 large-scale integrated supermarkets and 24 convenience stores in China, covering 22 provinces and 51 large and medium-sized cities, and has about 30 million members. In 2018, Carrefour China's operating income was close to 30 billion yuan.<#comment>

More than 6,000 Suning stores under the Suning line can be combined with the Carrefour store to improve the last mile distribution network, improve the efficiency of the home mode and save logistics costs. Suning's retail system 400 million members and Carrefour China's 30 million members will also form an effective complement, enriching Suning's existing membership ecosystem, thereby enhancing user value. (one orange)



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