WAL-MART Inject Capital Into Jingdong Mall &Nbsp;

Recently, several major international retail giants have launched major moves.

Carrefour releases fourth quarter sales figures, China in the fourth quarter of last year

China is still the main market of Carrefour.

Last week Carrefour released its fourth quarter sales figures.

As sales growth in France, Spain and Asia offset the inadequacy of the rest of Europe, the fourth quarter sales grew by 5.1%, consistent with market analysts' expectations.

In the fourth quarter of last year, the Brazil and China markets continued to grow strongly, with an increase of 13.7% in the former and 12.5% in the Chinese market.

Data show that China is still the main market of Carrefour.

As for the development in China, Carrefour said that the strategy of extending 20-25 stores a year in China will remain unchanged.

By the end of last year, there were 176 stores in mainland China.

Big RH hair Auchan jointly speed up the listing

Meanwhile, another French retailer, Auchan, has stepped up the pace of marching into the capital market.

According to sources, SunHoldingsGreaterChina (hereinafter referred to as SunHoldings) is planning to raise at least $1 billion in Hongkong IPO this year.

SunHoldings is a joint venture between run Tai Group and Auchan group.

SunHoldings holds a stake in China's RT mart and Auchan (China).

It is reported that at present, 4-5 underwriting agencies are in touch with big Rand and Auchan. After the Spring Festival, the big Rand and Auchan intend to consolidate their financial statements.

The latest figures show that sales in 2010 amounted to 50 billion 600 million yuan, an increase of more than 25% over the same period last year, and the annual sales of single store rose to 350 million yuan.

And Auchan's annual sales are usually around 10 billion yuan.

According to the data released by China chain operation association, in 2010, online shopping in China continued the trend of high speed expansion last year.

In the first half of 2010, domestic online shopping sales increased by 213 billion 300 million yuan, an increase of 103% over the same period last year.

The industry expects that China will replace Japan and Britain in the next 5 years to become the second largest e-commerce market in the world after the US.

China's e-commerce development space and prospects are enormous. WAL-MART certainly hopes to get a share in this booming emerging market.

Recently, there are reports that 6 companies will invest $500 million in China's largest online appliance retailer, Jingdong mall, and WAL-MART is one of them.

However, the specific investment amount has not yet been disclosed.

Reporters yesterday to WAL-MART public relations company to verify, the other side said he had a cold, not clear about this.

The industry pointed out that in the field of entities, when entering new markets, WAL-MART is now generally inclined to cooperate with local partners, because Alibaba's Taobao, Amazon's excellent network and other websites have taken a place in China's online market. If WAL-MART can cooperate with Jingdong City, it will obviously benefit its development strategy in China and achieve two-way development on line and online. It will become a new driver for WAL-MART's scale and profit.