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Official denies rumours that "Carrefour has exited the Chinese market"
August 4th news: French retail giant Carrefour released the "Carrefour 2022 Plan" on January 23rd this year, announcing that it will lay off 2,400 people at the French headquarters, and shift its focus to e-commerce and organic products. Carrefour has also adjusted its business strategy in the Chinese market and will incorporate investment from Tencent and Yonghui Group.
According to reports, the relevant person in charge of Carrefour said that it had not received relevant notices. In the Greater Chengdu area, 17 stores except in Ziyang, were operating normally and had not been affected. Carrefour is now launching a flash sale with the Meituan. There is no news of further cooperation with Tencent and Yonghui in the near future.
The person in charge also said that Carrefour China has noticed the rumors on the Internet recently, and initially felt that there was no need to clarify. "This is too absurd." However, as the news continues to spread, the official may give a unified and clear statement. The person in charge said that the layoffs at the French headquarters, the signing of a strategic cooperation agreement with Tencent and Yonghui, and that Carrefour was turning to e-commerce were all old news from January this year.
At that time, market analysis showed that an important reason for Carrefour's poor global sales situation was its poor performance in the Chinese market. In 2017, its turnover fell by 3%. To this end, Carrefour announced that it will introduce investment from Tencent and Yonghui Group to meet the challenges from Wal-Mart and Auchan in the Chinese market, but Carrefour will remain the largest shareholder of Carrefour China.
Source: PC online
Publication date: 8/10/2018
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