British supermarket group Sainsbury’s is in talks regarding a potential sale of its Argos general merchandise business to Chinese e-commerce giant JD.com , it said on Saturday.
“No agreement has been reached and there is no certainty at this stage that any transaction will proceed,” Sainsbury’s said in a statement.
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It said a deal with JD.com would accelerate Argos’ transformation.
“JD.com would bring world-cla… [606 chars]
Source: Reuters | Published: 2025-09-13T14:04:53Z
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Credit: Reuters
