Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Suning.com achieves good results in promotion on Aug. 18

August 20, 2018


Abstract : China's retail giant Suning.com (002024.SZ) has completed its "8.18 Shopping Festival", one of the most remarkable shopping sprees in China, and released its sales achievements on Sunday, the Xinhua-run cs.com.cn reported.

suning

BEIJING, Aug. 20 (Xinhua) -- China's retail giant Suning.com (002024.SZ) has completed its "8.18 Shopping Festival", one of the most remarkable shopping sprees in China, and released its sales achievements on Sunday, the Xinhua-run cs.com.cn reported.

The company saw its total orders from all channels increase 155 percent year on year during the shopping spree and the number of active users surge 97 percent from a year earlier.

According to the company, there were about 6,753 brick-and-mortar stores participating in the promotion activity on August 18. To be specific, the daily peak sales through Suning plazas increased 111 percent year on year, with 560,000 participants.

In the first half of 2018, the company's operating revenue rose 32.39 percent and its commodity sales volume amounted to 151.319 billion yuan (including taxes), up 44.63 percent year on year.

From the view of "8.18 Shopping Festival" results, Suning will keep its growth rate of over 40 percent in the future, said Suning chairman Zhang Jindong. (Edited by Jiang Feifan and Yang Yifan, yangyifan@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: Suning China-retail-sales

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial