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Sun Art Retail Group
About
Sun Art Retail Group is a retail company that operates a hypermarket and a growing e-commerce business.
- 101 - 250
Details
- Last Funding Type
- Post-IPO Equity
- Last Funding Money Raised
- $2.88B
- Industries
- Consumer Goods,E-Commerce,Retail,Sales
- Founded date
- Jan 1, 2000
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Sun Art Retail Group is a retail company with hypermarket and fast-growing e-commerce businesses. Sun Art Retail operates its hypermarket business under two recognized banners – “Auchan” and “RT-Mart”.As of December 2019, Sun Art Retail had a total of 486 outlets in China with a total gross floor area (“GFA”) of approximately 13 million square meters, covering 232 cities across 29 provinces, autonomous regions, and municipalities.The priorities of Sun Art Retail Group is to restructure hypermarket complexes, to explore multi-formats and omni-channels, and to become a leader in digital transformation for physical stores and a benchmarking enterprise for New Retail.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 20, 2017 | Post-IPO Equity | $2.88B | 1 |
Alibaba Group
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Alibaba Group
|
Yes | Post-IPO Equity |
