Sainsbury's in Negotiations to Sell Argos to JD.com of China
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 13 2025
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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.
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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.
