Report
Fehmi Ben Naamane

Dufry AG : Partnership with Alibaba in China

>Dufry is teaming up with Alibaba to create a JV in China, in return Alibaba will have nearly 10% of Dufry’s capital - Dufry yesterday announced the creation with Alibaba of a JV in China, which will be 51% owned by Alibaba and 49% by Dufry. The purpose of this partnership for Dufry is to develop its market share in travel retail and facilitate the group’s digital transformation in China. Alibaba will contribute its established network in China and its digital capacit...
Underlying
Dufry AG

Dufry is a travel retail company. Co. operates over 1,650 shops worldwide. Co.'s shops are either duty free or duty paid shops, located in airports. Co.'s product categories include: Perfumes and Cosmetics; Confectionery, Food and Catering; Wine and Spirits; Watches, Jewelry and Accessories; Tobacco goods; Fashion, Leather and Baggage; Literature and Publications; Electronics; and Toys, Souvenirs and other goods.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Fehmi Ben Naamane

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