Carrefour China Inc. Asset Profile

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Year established

1995

Location

Shanghai China

Primary Industry

Retail

About

Established in 1999 and based in Shanghai, China, Carrefour China Inc. is the French Carrefour Group company opened in China, responsible for the operation of Carrefour stores in Greater China. The company has offline convenience store chains in several cities in China. In October 2023, Suning Corporation intends to fund the acquisition of an 80% stake in Carrefour China. The company mainly operates offline supermarket chains under the Carrefour brand in China, mainly targeting the post-80s and post-90s young groups. The stores operate 24 hours a day and use a combination of multi-item shelves to provide users with casual snacks, alcoholic beverages, daily necessities, toiletries and other categories of products. Meanwhile, the Company provides Carrefour China APP to provide customers with convenient online supermarket services.

Current Investors

Suning Corporation

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Primary Industry

Retail

Sub Industries

Supermarkets & Grocery Stores

Company Stage

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Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Carrefour China Inc.	29 Sep 2019

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