Customers queue at a Carrefour supermarket in Wuhan, Hubei province on December 3, 2011. Photo: Reuters

Carrefour sells 80 per cent of its Chinese retail operations to Suning for 4.8 billion yuan

  • Suning shares rise as investors cheer the deal
  • Suning says it plans to use its digital technologies to enhance the competitiveness of Carrefour’s 210 hypermarkets nationwide
Topic |   Retailing

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Customers queue at a Carrefour supermarket in Wuhan, Hubei province on December 3, 2011. Photo: Reuters
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