The logo of Monoprix is seen on a shopping trolley at a Monoprix supermarket in Nice, France, March 27, 2018. REUTERS/Eric Gaillard
Amazon.com Inc’s delivery deal with Casino Guichard Perrachon SA advances the online retailer’s interests in Europe, but may also provide a foothold in South America.
Casino’s Brazilian unit, known as GPA, is in talks with Amazon on a potential partnership or other transaction that would expand the e-commerce giant’s presence in Latin America’s biggest market, Reuters said Tuesday. Officially called Cia Brasileira de Distribuicao, GPA may consider selling the Via Varejo appliance and electronics chain to Amazon, the news agency said. GPA rose as much as 5.5% in Sao Paulo.
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