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Carrefour China

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uuid003p1qz

Namestring
Carrefour China
Websiteurl
carrefour.cn
Company typeenum
Private
Founded yearint
1959
Descriptiontext

Carrefour China operates retail stores in the People's Republic of China, running a supermarket and hypermarket format serving mass-market Chinese consumers. According to the firmographic data, the entity is headquartered in Shanghai and reports a headcount of 10,000+ employees, with a website at carrefour.cn. The foundational year is listed as 1959, which almost certainly reflects the founding year of the global Carrefour parent rather than the China subsidiary (Carrefour entered China in the mid-1990s); this should be treated as a data quality issue rather than a verified China launch date.

The most consequential data point in the source material is the current status of carrefour.cn, which is listed as a "Premium Domain for Sale" across multiple aftermarket channels including Alibaba Cloud, GoDaddy, Sedo, Escrow.com, SpaceShip, and Atom. This is a strong signal that the Carrefour brand has exited or is in the process of exiting the Chinese retail market, and that the corporate web presence is being formally disposed of rather than maintained. No operational, financial, product, technology, leadership, partnership, or strategic-move data is available in the provided input to support further analysis of the current operating state.

From a business-model perspective, the historical model would have been brick-and-mortar grocery retail — revenue generated through store-level sales of food, household goods, and general merchandise to Chinese consumers, with margins dependent on supply-chain efficiency, private-label penetration, and store throughput. No pricing, customer-segment, channel, or revenue-mix data is disclosed in the input, so the business model description is necessarily inferred from the retail-store premise rather than directly evidenced.

Short descriptiontext

Carrefour China operates supermarkets and hypermarkets in China, serving mass-market Chinese consumers. Headquartered in Shanghai with 10,000+ employees, its primary web domain (carrefour.cn) is currently listed for sale, indicating the brand has exited or is exiting the Chinese market.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersShanghai, China
HQ citystring
Shanghai
HQ countrystring
China
HQ regionstring
Asia
Markets served

Serves global market

Keyword5 values
hypermarket retail, grocery retail, consumer goods, offline retail stores, fresh food retail
Industry1 code
1Value-Oriented Traditional Supermarkets (Non-Club)
CodeCRAHAAAFPrimaryYes
NAICS code1 code
  • Supermarkets and Other Grocery Retailers (except Convenience Retailers)445110
SIC code1 code
  • Retail-Grocery Stores5411
Product category
Hypermarket Retail
No data
Cost components5 values
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Carrefour China operates physical hypermarket and supermarket retail stores in the People's Republic of China, selling groceries, fresh produce, household goods, and general merchandise under the Carrefour brand. The business is a conventional offline retail operation serving individual consumers across multiple Chinese cities, with no proprietary technology products or online marketplace activity evidenced in the source material.

Differentiator
Functional benefit
Problem solved
Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Suning acquired Carrefour's China operations in 2019 and is the most directly relevant peer for evaluating residual ownership, asset transfer, and operating rights associated with the Carrefour China entity. Both are large-format omnichannel retailers with national footprints in China.

TypeBroad incumbent
Description

Walmart has been a long-standing foreign-affiliated hypermarket operator in China and is a direct competitor in the same mass-market grocery space that Carrefour historically occupied. It serves as a useful benchmark for unit economics, format mix, and digital integration in Chinese grocery.

TypeDirect peer
Description

Sun Art operates hypermarket and supermarket banners in China under the RT-Mart and Auchan brands, competing head-to-head with Carrefour in the same large-format, multi-category grocery space. The business model (large-box grocery + fresh + general merchandise) and customer base (urban mass-market Chinese consumers) are closely aligned with what Carrefour China historically operated.

TypeEmerging player
Description

Aldi has been selectively expanding in China with a discount-grocery positioning that competes for value-oriented urban shoppers. As a foreign entrant with global sourcing scale, it is a relevant emerging competitor and a useful benchmark for foreign-banner re-entry economics in China.

TypeDirect peer
Description

Yonghui is one of China's largest grocery chains, with a heavy fresh and private-label focus that directly overlaps with Carrefour's historical strength in fresh and import categories. It is a relevant comparable for store-level economics, supply-chain integration, and omnichannel grocery in China.

TypeDirect peer
Description

Metro operates a cash-and-carry and B2B-focused hypermarket format in China, overlapping with Carrefour's historical positioning around bulk, import, and HoReCa/trade customers. It is a useful peer for the B2B and trade-customer segments that a revived Carrefour banner could pursue.

TypeDirect peer
Description

Hema is Alibaba's flagship new-retail grocery banner combining in-store dining, fresh groceries, and 30-minute delivery, and is the defining omnichannel grocery competitor in tier-1 China. Any revived Carrefour China would need to compete with Hema on fresh, digital, and last-mile capabilities, making it a key direct comparable.

TypeDirect peer
Description

Sam's Club operates membership-based warehouse stores in China and competes for the same upper-middle-class urban grocery shopper that Carrefour historically targeted with its import-heavy hypermarket format. It is a direct competitor for premium fresh, import, and bulk-grocery baskets.

TypeBroad incumbent
Description

CR Vanguard is one of China's largest grocery chains by store count, with deep penetration in southern China. It is a relevant comparable for store-density economics, private-label development, and regional grocery share dynamics that a reactivated Carrefour China would need to navigate.

TypeDirect peer
Description

Costco has rapidly expanded its membership-warehouse format in Chinese tier-1 cities, directly competing with Carrefour's import-and-bulk orientation and premium urban customer base. It is a key comparable for membership economics and import-assortment strategy in modern Chinese grocery.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Carrefour China

Hypermarket Retailcarrefour.cn

Carrefour China operates supermarkets and hypermarkets in China, serving mass-market Chinese consumers. Headquartered in Shanghai with 10,000+ employees, its primary web domain (carrefour.cn) is currently listed for sale, indicating the brand has exited or is exiting the Chinese market.

What Carrefour China does

Carrefour China operates retail stores in the People's Republic of China, running a supermarket and hypermarket format serving mass-market Chinese consumers. According to the firmographic data, the entity is headquartered in Shanghai and reports a headcount of 10,000+ employees, with a website at carrefour.cn. The foundational year is listed as 1959, which almost certainly reflects the founding year of the global Carrefour parent rather than the China subsidiary (Carrefour entered China in the mid-1990s); this should be treated as a data quality issue rather than a verified China launch date.

The most consequential data point in the source material is the current status of carrefour.cn, which is listed as a "Premium Domain for Sale" across multiple aftermarket channels including Alibaba Cloud, GoDaddy, Sedo, Escrow.com, SpaceShip, and Atom. This is a strong signal that the Carrefour brand has exited or is in the process of exiting the Chinese retail market, and that the corporate web presence is being formally disposed of rather than maintained. No operational, financial, product, technology, leadership, partnership, or strategic-move data is available in the provided input to support further analysis of the current operating state.

From a business-model perspective, the historical model would have been brick-and-mortar grocery retail — revenue generated through store-level sales of food, household goods, and general merchandise to Chinese consumers, with margins dependent on supply-chain efficiency, private-label penetration, and store throughput. No pricing, customer-segment, channel, or revenue-mix data is disclosed in the input, so the business model description is necessarily inferred from the retail-store premise rather than directly evidenced.

Carrefour China firmographics

Firmographics
Name
Carrefour China
Website
https://carrefour.cn
Company type
Private
Founded year
1959
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Carrefour China operates supermarkets and hypermarkets in China, serving mass-market Chinese consumers. Headquartered in Shanghai with 10,000+ employees, its primary web domain (carrefour.cn) is currently listed for sale, indicating the brand has exited or is exiting the Chinese market.
Ownership category
akta.pro rank

Carrefour China industry classification

Industry
Product category
Hypermarket Retail
NAICS
Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110)
SIC
Retail-Grocery Stores (5411)
akta.pro primary industry
Value-Oriented Traditional Supermarkets (Non-Club) (CRAHAAAF)

Keywords

  • Hypermarket retail
  • Grocery retail
  • Consumer goods
  • Offline retail stores
  • Fresh food retail

Where Carrefour China is headquartered

Location

Headquarters

HQ city
Shanghai
HQ country
China
HQ region
Asia

Markets served

Carrefour China business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Carrefour China product offering

Product offering

Core offering

Carrefour China operates physical hypermarket and supermarket retail stores in the People's Republic of China, selling groceries, fresh produce, household goods, and general merchandise under the Carrefour brand. The business is a conventional offline retail operation serving individual consumers across multiple Chinese cities, with no proprietary technology products or online marketplace activity evidenced in the source material.

Differentiator

Problem solved

Functional benefit

Companies that use Carrefour China

Customer profile

Ideal customer profiles1 record

Carrefour China technology and API

Technology

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Carrefour China partnerships and signals

Strategic signal

Recent moves2 records

Expansion highlights2 records

Carrefour China competitors and assessment

Company assessment

Broad incumbents

  • Suning.com: Suning acquired Carrefour's China operations in 2019 and is the most directly relevant peer for evaluating residual ownership, asset transfer, and operating rights associated with the Carrefour China entity. Both are large-format omnichannel retailers with national footprints in China.
  • Walmart China: Walmart has been a long-standing foreign-affiliated hypermarket operator in China and is a direct competitor in the same mass-market grocery space that Carrefour historically occupied. It serves as a useful benchmark for unit economics, format mix, and digital integration in Chinese grocery.
  • CR Vanguard (China Resources Vanguard): CR Vanguard is one of China's largest grocery chains by store count, with deep penetration in southern China. It is a relevant comparable for store-density economics, private-label development, and regional grocery share dynamics that a reactivated Carrefour China would need to navigate.

Direct peers

  • Sun Art Retail (RT-Mart / Auchan China): Sun Art operates hypermarket and supermarket banners in China under the RT-Mart and Auchan brands, competing head-to-head with Carrefour in the same large-format, multi-category grocery space. The business model (large-box grocery + fresh + general merchandise) and customer base (urban mass-market Chinese consumers) are closely aligned with what Carrefour China historically operated.
  • Yonghui Superstores: Yonghui is one of China's largest grocery chains, with a heavy fresh and private-label focus that directly overlaps with Carrefour's historical strength in fresh and import categories. It is a relevant comparable for store-level economics, supply-chain integration, and omnichannel grocery in China.
  • Metro China (Wumart /麦德龙): Metro operates a cash-and-carry and B2B-focused hypermarket format in China, overlapping with Carrefour's historical positioning around bulk, import, and HoReCa/trade customers. It is a useful peer for the B2B and trade-customer segments that a revived Carrefour banner could pursue.
  • Hema (Freshippo, Alibaba): Hema is Alibaba's flagship new-retail grocery banner combining in-store dining, fresh groceries, and 30-minute delivery, and is the defining omnichannel grocery competitor in tier-1 China. Any revived Carrefour China would need to compete with Hema on fresh, digital, and last-mile capabilities, making it a key direct comparable.
  • Sam's Club China (Walmart): Sam's Club operates membership-based warehouse stores in China and competes for the same upper-middle-class urban grocery shopper that Carrefour historically targeted with its import-heavy hypermarket format. It is a direct competitor for premium fresh, import, and bulk-grocery baskets.
  • Costco China: Costco has rapidly expanded its membership-warehouse format in Chinese tier-1 cities, directly competing with Carrefour's import-and-bulk orientation and premium urban customer base. It is a key comparable for membership economics and import-assortment strategy in modern Chinese grocery.

Emerging players

  • Aldi China: Aldi has been selectively expanding in China with a discount-grocery positioning that competes for value-oriented urban shoppers. As a foreign entrant with global sourcing scale, it is a relevant emerging competitor and a useful benchmark for foreign-banner re-entry economics in China.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights4 records

Customer concentration

Carrefour China financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Carrefour China leadership team

Management profile

Number of profiles

Carrefour China funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Carrefour China M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carrefour China

What does Carrefour China do?

Carrefour China operates physical hypermarket and supermarket retail stores in the People's Republic of China, selling groceries, fresh produce, household goods, and general merchandise under the Carrefour brand. The business is a conventional offline retail operation serving individual consumers across multiple Chinese cities, with no proprietary technology products or online marketplace activity evidenced in the source material.

Is Carrefour China a public or private company?

Carrefour China is a private company. It is classified as unknown and is currently operating.

When was Carrefour China founded?

Carrefour China was founded in 1959. It employs 5,001 to 10,000 people.

Where is Carrefour China based?

Carrefour China is headquartered in Shanghai, China, in the Asia region.

Who are Carrefour China's main competitors?

Broad incumbents on record are Suning.com, Walmart China and CR Vanguard (China Resources Vanguard). Direct peers are Sun Art Retail (RT-Mart / Auchan China), Yonghui Superstores, Metro China (Wumart /麦德龙), Hema (Freshippo, Alibaba), Sam's Club China (Walmart) and Costco China. Aldi China is listed as an emerging player.

Does Carrefour China have an API?

No public API is recorded for Carrefour China.

What industry is Carrefour China in?

Carrefour China's product category is Hypermarket Retail. Its primary akta.pro industry code is CRAHAAAF, Value-Oriented Traditional Supermarkets (Non-Club). Its NAICS code is 445110 and its SIC code is 5411.

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Live signals
PR NewswireSuning to Sign Deals with Global Partners at CIIE 2020 to Bring More High-quality Products into ChinaSuning Holdings Group announced at CIIE 2020 in Shanghai that it will expand its global procurement and establish partnerships with international brands to bring more overseas products to Chinese consumers. The company will increase purchases from Europe and the Americas, with FMCG goods accounting for 60% of total procurement contracts. Carrefour China and Suning International will specifically sign deals with entities including the Italian Trade Agency, Brazilian meat processing giant JBS Group, Italian fragrance brand Gellé Frères, Korea Post Shopping, and the Government of Quebec in Canada.PR NewswireSuning.com Listed On Fortune Global 500 List for Fourth Consecutive YearSuning.com has been listed on the Fortune Global 500 for the fourth consecutive year since 2017, with annual operating revenue of USD $38.97 billion, affirming its position as China's leading O2O smart retailer. The company's strategic acquisitions of the Wanda Department Store and Carrefour China in 2019 have driven significant growth, with general merchandise sales volume increasing 114.50% year-on-year between January and June 2020. Looking ahead, Suning.com plans to continue expanding its retail ecosystem while maintaining its focus on user value and service quality as it transitions from traditional retailer to retail service provider.PR NewswireThe Suning Era for Carrefour China, Achieved Significant Profit Increase in JanuaryIn September 2019, Suning Group officially acquired Carrefour China, and on February 25, 2020, CEO Tian Rui announced that following five months of integration, Carrefour China achieved its first quarterly profit in seven years during Q4 2019. The company has accelerated digital transformation of its 209 stores, integrated supply chains with Suning Convenience Store across most regions in China, and connected its 40 million members with Suning's ecosystem. During the COVID-19 epidemic, Carrefour China's Flash Delivery service saw order volumes increase by 329% month-on-month by February 21.PR NewswireSuning Plaza to Open 22 Plus Smart Commercial Complexes, Improving Full-Scenario Smart Retail SystemSuning Plaza unveiled its Three-Year Plan (2020-2023) at the 2019 China International Fashion Retail Industry Summit, announcing targets to open 22+ smart commercial complexes totaling nearly 4 million square meters across China's first- and second-tier cities. The company currently operates 73 smart retail plazas and has strengthened its full-scenario smart retail ecosystem through recent acquisitions of Wanda Department Store and Carrefour China. Suning Holdings Group, founded in 1990, reported annual revenues of RMB 602.5 billion in 2019.PR NewswireSuning.com enregistre une forte croissance avec un chiffre d'affaires supérieur à 200 milliards sur les trois premiers trimestresSuning.com, China's largest O2O smart retailer, published its Q3 2019 financial results on October 30, reporting revenue of 201 billion RMB for the first three quarters with total sales volume reaching 275.9 billion RMB and online sales growing 24.27% year-over-year to 171.43 billion RMB. The company completed its acquisition of an 80% stake in Carrefour China in September, expanding its retail network to 8,407 stores and 470 million registered members while continuing to invest heavily in logistics infrastructure spanning over 11 million square meters and R&D spending of 2.4 billion RMB in the January-September period.PR NewswireSuning.com Reports Strong Growth with Revenue Over 200 billion Until Q3Suning.com released its 2019 Q3 financial results on October 30, reporting revenue of RMB 201 billion for the first three quarters of 2019, with omni-channel commodity sales volume of RMB 275.9 billion and net income attributable to shareholders of RMB 11.9 billion. The company also announced the completion of its 80% stake acquisition of Carrefour China in September 2019, further expanding its full-scenario retail network coverage across various store formats. Looking ahead, Suning.com plans to upgrade 210 Carrefour stores nationwide and launch its 'One-Hour-Scenario Life Circle' logistics service, leveraging its expanded warehousing infrastructure of over 11 million square meters.PR NewswireSuning finalise l'acquisition de Carrefour Chine et accélère la mise en place d'un modèle de vente au détail tous scénariosSuning.com completed its acquisition of an 80% stake in Carrefour China on September 28, 2019, for €620 million (4.8 billion RMB), marking a major expansion of its physical retail portfolio following prior acquisitions of Dia China and Wanda department stores. The transaction will keep Carrefour China's brand and operations independent while integrating Suning's omnichannel retail model, logistics network, and technology across 210 existing hypermarkets and 24 convenience stores. Suning announced plans to open 300 new stores in tier 1-3 Chinese cities over five years, with over 200 Carrefour stores set to incorporate Suning home appliance sections starting the same day.PR NewswireSuning completa la adquisición de Carrefour China y acelera su despliegue minorista de escenario completoSuning.com (002024.SZ) has completed its acquisition of an 80% equity stake in Carrefour China for 620 million euros (4,800 million yuan), marking the beginning of Suning's ownership of Carrefour's China operations. The transaction, announced in June 2019, will see Suning integrate its appliance section into over 200 Carrefour stores while expanding to 300 new stores across Chinese cities over five years. Carrefour China will maintain independent operations and branding while leveraging Suning's logistics network, supply chain capabilities, and smart retail technology.PR NewswireSpolečnost Suning dokončila akvizici Carrefour China, urychluje tím scénář všestranného maloobchoduSuning.com has completed its acquisition of Carrefour China, marking a new era for the company starting on September 28, 2019. The deal, valued at 620 million EUR for an 80% stake, aims to enhance Suning's comprehensive retail model by integrating Carrefour's supply chain expertise and expanding its store offerings. Carrefour China plans to open 300 new stores in tier 1-3 cities over the next five years, maintaining its independent brand while utilizing Suning's technological resources.PR NewswireSuning schließt Übernahme von Carrefour China ab, womit die Neuausrichtung als Komplettanbieter im Einzelhandel beschleunigt wirdSuning.com has completed its acquisition of an 80% stake in Carrefour China for €620 million (RMB 4.8 billion), following negotiations announced in June 2019. The transaction, Suning's latest expansion move after acquiring Dia China and Wanda Department Stores, accelerates its strategy to become a full-service omnichannel retailer, with Suning appliances set to appear in over 200 Carrefour stores starting September 28. Carrefour China will retain operational independence while benefiting from Suning's logistics network and technology, and has committed to opening 300 new stores in Chinese tier-1 to tier-3 cities over the next five years.