In 20 19, Carrefour sold its China business to Suning.cn, but still retained some shares. Since then, Carrefour has adjusted its business in China market, closing some stores, but not completely withdrawing. After Suning.cn acquired Carrefour China, it plans to enhance its market competitiveness through online and offline integration.
Therefore, although Carrefour's market share in China has declined, it has not completely withdrawn from the China market. The future development of Carrefour in China has yet to be tested by the market and time.