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Supermarket

Suning buys major stake in Carrefour China for US$704m

Chinese retailer Suning.com will takeover Carrefour China, the French retailer's China business, after agreeing to acquire an 80% equity stake in the business for...
Retail

Dalian Wanda offloads 37 department stores to Suning

Chinese conglomerate Dalian Wanda has sold its entire Chinese department store portfolio comprising 37 sites to e-commerce group Suning.com. The Wanda Department stores are located...