Abstract
In 2019, Suning Tesco announced the acquisition of 80%of the shares of Carrefour China for RMB 4.3 billion. The mergers and acquisitions marked important measures to further deepen the layout of retail business and expand offline channels. Carrefour China has faced operating difficulties for a long time, while Suning hopes to enhance its competitiveness in the retail industry through mergers and acquisitions to accelerate online and offline integration. Suning completed the acquisition through its subsidiary Suning Commercial Trade, and promised to further invest in Carrefour China, promote its transformation and upgrading, and improve store operation efficiency and supply chain management. In the integration of mergers and acquisitions, Suning plans to use its advantages in big data, logistics and technology to enhance the competitiveness of Carrefour in the Chinese market, and position the Carrefour China as a "offline experience, online shopping" retail platform. For Suning, the acquisition not only enhances its advantages in the traditional retail field, but also promotes the in -depth integration of e -commerce and physical retail; Carrefour China can use Suning's localization experience and e -commerce platform to improve its operations. Status, enhance market share. In general, this M&A has brought synergy effects to both parties and promoted the innovation and transformation of the retail industry.
Published Version
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