ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business deals

China retail steps into data-driven future with Carrefour sale

Once powerful foreign players sidelined as customer information becomes weapon

SHANGHAI -- By acquiring Carrefour's China business, Suning.com is gaining access to crucial customer data that would help shape a strategy to challenge e-commerce giants Alibaba Group Holding and Tencent Holdings and expand its retail presence.

"2019 will be an important year for us at Suning," Suning Holdings Group Chairman Zhang Jindong said to employees in mid-February, after the Chinese New Year holiday. "We will expand our business portfolio to all areas of retail."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more