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Amazon eyes Carrefour acquisition

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Re: Amazon eyes Carrefour acquisition

#41

Post by runeks »

yodsanklai wrote: post #26
grondilu wrote: post #10

I'm French, and I can tell you Carrefour is a very famous brand in France. So to me there is no way Amazon will buy it, I just don't see this being accepted by public opinion, and thus by the French government.

> I just don't see this being accepted by public opinion, and thus by the French government Do they have a word to say on the issue?

I’m also interested in hearing how willing the French government is to prevent the acquisition of a French private company. I’d think this should be up to the owners of the company in question, but the people of France may disagree with me.

Re: Amazon eyes Carrefour acquisition

#42

Post by karambahh »

Carrefour is a state of crisis both internally (the newly appointed ceo is quoted as having "vowed to clean the mess", several high ranking executives have been shown the door or been effectively demoted) and externally (shares have been tumbling for quite a while).

Anything is possible but, to me, an attempt to raise valuation is the most likely explanation. Sources are always "analysts" who seem to have skin in the game.

Re: Amazon eyes Carrefour acquisition

#43

Post by allendoerfer »

chrisper wrote: post #32
nomercy400 wrote: post #3

Why would I, as a European, want to buy my groceries from an American company? It's not like the big shopping malls like Walmart or Costco are so appealing. Surely we can manage a suitable groceries network on our own.

Didn't Walmart once try to have stores in Germany but then gave up?

There is a huge competition in Germany, when Aldi lowers prices for e.g. for milk, everyone else follows.

Re: Amazon eyes Carrefour acquisition

#44

Post by Roritharr »

chrisper wrote: post #32
nomercy400 wrote: post #3

Why would I, as a European, want to buy my groceries from an American company? It's not like the big shopping malls like Walmart or Costco are so appealing. Surely we can manage a suitable groceries network on our own.

Didn't Walmart once try to have stores in Germany but then gave up?

Yup, but the german groceries market is about the fiercest on the planet, price is king and the populace isn't easily wooed by additional service if it comes at a premium. Walmart couldn't compete with neither Aldi nor Rewe or anything in between.

Re: Amazon eyes Carrefour acquisition

#45

Post by danmaz74 »

grondilu wrote: post #10

I'm French, and I can tell you Carrefour is a very famous brand in France. So to me there is no way Amazon will buy it, I just don't see this being accepted by public opinion, and thus by the French government.

The thing that really worries me, as a EU citizen (Italian), is Amazon cheating on taxes through Luxembourg. If we continue this way, Luxembourg and Ireland will end up stealing all corporate taxes from all of the rest of the EU.

EDIT: I thought it was Ireland, in this case it was Luxembourg.

Re: Amazon eyes Carrefour acquisition

#46

Post by halflings »

mkhalil wrote: post #4

> "Cheuvreux analysts as saying that dispite these rumours, they still feel a collaboration with Google would be more probable for Carrefour than an acquisition by Amazon." I wonder why they think that? What could collaboration with Google bring?

Technology and exposure. Product Search is quite big, if just hasn't been capitalized on enough (other than by Amazon)

Re: Amazon eyes Carrefour acquisition

#47

Post by NikolaeVarius »

nomercy400 wrote: post #3

Why would I, as a European, want to buy my groceries from an American company? It's not like the big shopping malls like Walmart or Costco are so appealing. Surely we can manage a suitable groceries network on our own.

Costco is amazing and extremely efficient. Whats not appealing?

Re: Amazon eyes Carrefour acquisition

#48

Post by golem14 »

curiousgal wrote: post #17

Carrefour is quite present in North Africa (Morocco, Egypt, Tunisia..) as well, this would give Amazon quite the global reach!

Carrefour has also stores in Asia (e.g. a honking big branch in Shenyang, near the financial center).

Edit: Google maps finds eleven Carrefour stores in Shenyang alone.

Re: Amazon eyes Carrefour acquisition

#49

Post by agumonkey »

marindez wrote: post #28
agumonkey wrote: post #21

Earlier quoted context omitted.

Don't worry, some of them are still trying to figure out the psychedelic logo.

Spoiler: it's a C.

Oh come on, put a proper spoiler tag around that, people aren't ready for that kind of truth.

Here: https://pastebin.com/4FAB8Fuy

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