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Hema Fresh among top 10 supermarket enterprises in China by sales

chinadaily.com.cn| Updated: September 5, 2023 L M S

China Chain Store and Franchise Association released, on June 21, the 2022 top 100 supermarket enterprises by sales in China. Their total sales registered at 936.89 billion yuan ($129.85 billion), and the total number of stores was 28,413.

Data shows that Walmart China ranked first, with a total sales volume (including tax) of 109.31 billion yuan in 2022. Yonghui Superstores and Kangcheng Investment (China) ranked second and third, with a total sales volume (including tax) of 97.987 billion yuan and 92.012 billion yuan in 2022, respectively.

Hema Fresh, a retail sales arm of Alibaba Group, ranked sixth on the list.1-1-4.jpeg

A saleswoman shows a king crab at a Hema Fresh store in Hangzhou, capital of Zhejiang province. [Photo by Long Wei/For China Daily]

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