Sainsbury's in Negotiations to Sell Argos to JD.com of China
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 13 2025
0mins
Source: Reuters
Sainsbury's and JD.com Talks: Sainsbury's is in discussions with Chinese e-commerce giant JD.com regarding the potential sale of Argos, a general merchandise retailer it acquired for £1.1 billion in 2016, aiming to enhance Argos' growth and customer experience.
Current Status and Market Position: No agreement has been finalized, and Sainsbury's remains committed to Argos' future, while JD.com seeks to expand internationally, having previously considered other acquisitions in the UK retail market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
