Is Best Buy still in China?

Could you please clarify if Best Buy, the popular electronics retailer, is still operating in China? I've heard mixed reports about their presence in the Asian market, and I'm curious to know if they've maintained a strong foothold there or if they've faced any challenges that have led to a reduction in their operations. Additionally, I'd be interested in learning about any recent developments or changes in their status in the Chinese market. Thank you for your time and attention to this matter.