RT-Mart

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RT-Mart Neihu No. 2 Store, Neihu District, Taipei

RT-MART International Ltd. (Chinese: 大潤發流通事業股份有限公司), trading as RT-Mart (traditional Chinese: 大潤發; simplified Chinese: 大润发; pinyin: Dàrùnfā), is a hypermarket chain in Taiwan. Its headquarters is in Neihu District, Taipei.^[1] The company opened its 23rd store in 2004.^{[2][needs update]} RT-Mart and Auchan created a joint venture,^[when?] Sun Art Retail Group Ltd.^[3]

In 2010, in terms of turnover, RT-Mart became the first foreign-based hypermarket chain in mainland China,^[vague] compared to other foreign hypermarkets such as Walmart, Tesco, and Carrefour.^{[citation needed]}

Sun Art Retail Group, a joint venture of Ruentex and Auchan, made its initial public offering (IPO) at the Hong Kong Stock Exchange in 2011. 19.4% of its capital is currently held by institutional investors and the public.^{[citation needed]}

As of September 2012, Sun Art has 12% of the hypermarket share in mainland China.^[4]

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 district of Chongqing, China. ^{[5][dead link]}

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