Suning.com
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CACIOUS Replaces Carrefour as Suning.com Takes Full Control
Carrefour China’s official WeChat account has been rebranded to “CACIOUS,” the name of Carrefour’s membership store private label. This follows Suning.com’s announcement of a debt settlement with Carrefour Group, where Suning will pay RMB 220 million to resolve disputes and solidify its 100% ownership of Carrefour China. The rebrand and debt settlement mark a turning point for Carrefour’s operations in China and represent a significant financial closing for both Suning and Carrefour.
