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Yonghui may be a brick-and-mortar retailer, but it innovates like a tech company. This year it launched an offshoot called Yonghui Mini—a network of small, fresh-food groceries that are supplied by a larger central supermarket. It’s likely that style of thinking attracted tech superstars JD.com and Tencent to invest. Those Internet-savvy backers will help Yonghui advance into the world of “new retail.”

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Company Information

Overall Score1.4
Sector
Consumer Staples
Industry
Food and [hotlink]Staples[/hotlink] Retailing
CEO
Ben Keswick
Websitehttps://www.yonghui.cn
HQ Location
Fuzhou, China
Country
China
Revenues ($M) (Past 12 Months)$11,325
Profits ($M) (Past 12 Months)$281
Market Value as of Oct. 9, 2019 ($M)$11,969
Employees92,047

Refinitiv Sustainable Leadership Monitor

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