RT-MART International Ltd. (), trading as RT-Mart (), is a

hypermarket A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, includin ...

chain in

Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the no ...

. Its headquarters is in Neihu District,

Taipei Taipei (), officially Taipei City, is the capital and a special municipality of the Republic of China (Taiwan). Located in Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the ...

. The company opened its 23rd store in 2004. RT-Mart and

Auchan Auchan () is a French multinational retail group headquartered in Croix, France. It was founded in 1961 by Gérard Mulliez and is owned by the Mulliez family, who has 95% stake in the company. With 354,851 employees, of which 261,000 have 5% ...

created a joint venture, Sun Art Retail Group Ltd. In 2010, in terms of turnover, RT-Mart became the first foreign-based hypermarket chain in

mainland China "Mainland China" is a geopolitical term defined as the territory governed by the China, People's Republic of China (including islands like Hainan or Chongming Island, Chongming), excluding dependent territories of the PRC, and other territorie ...

, compared to other foreign hypermarkets such as

Walmart Walmart Inc. (; formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores from the United States, headquarter ...

Tesco Tesco plc () is a British Multinational corporation, multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. In 2011 it was the third-largest retailer in the world measured by gross revenues an ...

, and

Carrefour Carrefour () is a French multinational retail and wholesaling corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores and convenience stores, whic ...

. Sun Art Retail Group, a joint venture of Ruentex and Auchan, made its

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

(IPO) at the

Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is rep ...

in 2011. 19.4% of its capital is currently held by institutional investors and the public. As of September 2012, Sun Art has 12% of the hypermarket share in mainland China. On 28 June 2013, a milestone in Auchan's expansion in Asia was reached with the opening of its 300th hypermarket under the name of RT-Mart in the

Hechuan Hechuan () is a district in the northern part of Chongqing Municipality, People's Republic of China, located at the meeting point of the Jialing, Fu and Qu rivers, with a history of 1,500 years. Hechuan is away from downtown Chongqing's Yuz ...

district of

Chongqing Chongqing ( or ; ; Sichuanese pronunciation: , Standard Mandarin pronunciation: ), alternately romanized as Chungking (), is a municipality in Southwest China. The official abbreviation of the city, "" (), was approved by the State Co ...

, China.Group Auchan
The 300th hypermarket opened in Asia
" ''

''. 1 July 2013. Retrieved on 26 January 2016.

References

External links

RT-Mart
Companies based in Taipei Retail companies of Taiwan Supermarkets of Taiwan {{Taiwan-org-stub