Miniso’s acquisition of Yonghui supermarkets worries markets

Featured image of the article Miniso’s acquisition of Yonghui supermarkets worries markets

An article by Morgane Monteiro and Sophie Baqué

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Publication

24 September 2024 à 19h11

Updated on 3 October 2024 à 15h04

Reading time

1 minute

Publication: 24 September 2024 à 19h11, Updated on 3 October 2024 à 15h04

Reading time: 1 minute

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An article by Morgane Monteiro and Sophie Baqué

Add mind Retail to your sources
Publication

24 September 2024 à 19h11

Updated on 3 October 2024 à 15h04

Reading time

1 minute

Publication: 24 September 2024 à 19h11, Updated on 3 October 2024 à 15h04

Reading time: 1 minute

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On September 23, Miniso (2023 sales: US$1.58 billion, up 14%) announced an investment of US$893 million to acquire a 29.4% stake in Chinese supermarket player Yonghui Superstores (2023 sales: US$11.6 billion).

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

Featured image of the article Sophie Baqué
Sophie Baqué Chief Editor of mind Retail
Featured image of the article Sophie Baqué
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