China: Legal tussle between Carrefour and Suning over takeover deal

Four years after their takeover by Suning.com, there's not much left of Carrefour's former Chinese supermarkets. Although a Hong Kong court ordered Suning to pay Carrefour US$134 million, it is contesting the decision and intends to continue legal action

Through Sophie Baqué. Published on 10 November 2023 à 15h07 - Update on 10 November 2023 à 16h23

Empty shelves, non-payment of suppliers, closed hypermarkets, customers demanding reimbursement of their prepaid cards… Four years after a takeover by Suning.com, Carrefour’s former Chinese stores are in crisis.…

Sophie Baqué