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June 24, 2019 10:53 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pRsA0pcMVIA/
Carrefour sale shifts the balance of power in Chinas new retail battle
Hot on the heels of Amazon’s decision to shutter its local marketplace, Carrefour — another global commerce giant — is switching up its approach to China, and shifting the balance of power between the country’s tech giants. Carrefour, which is Europe’s largest retailer, sold a majority 80% stake in its China-based business to Chinese retailer […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/pRsA0pcMVIA/
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