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Fund to pick up 17% equity in Suning
Shares of Suning.com Co, a prominent retailer and e-commerce major, surged on the A-share market on the Shenzhen Stock Exchange on Monday.
Suning Holdings, halt to extra-retail activities: concerns about Inter Milan Club
This is what Zhang Jindong, the owner of Suning Holdings, explained in a video message from China. The Group needs restructuring and a viable option is the sale of some non-core activities, including the Inter Milan Club.
Suning to expand business in China's duty-free retail market
Leading Chinese retail company Suning Holdings Group and its subsidiary Suning International have inked a deal with Hainan Tourism Investment Development Co. Ltd. for cooperation in China's duty-free retail business, Suning said.
Chinese retail giant to cooperate further with Italian Trade Agency
Suning International and Suning Carrefour, affiliated with Chinese retail giant Suning Holdings Group, have inked deals with the Italian Trade Agency (ITA) to introduce more Italian brands to the Chinese market.
NIO Inc partners with Suning to establish new model for automotive smart retail
NIO Inc., a leading Chinese electric vehicle manufacturer, inked on Wednesday a strategic cooperation agreement with Chinese retail giant Suning Holdings Group to build a new model for automotive smart retail in the country, the Xinhua-run Shanghai Securities News reported on Wednesday.
Retailer Suning.com reports strong online sales in Q1
Chinese retail giant Suning.com reported strong online sales volume in the first quarter (Q1) of 2020, according to its Q1 financial report released late Wednesday.
Retailer Suning.com reports strong operating revenue for 2019
Chinese retail giant Suning.com reported strong sales volume and operating revenue in 2019.
China's e-commerce giant unveils measures to support dealers on its online supermarket amid NCP outbreak
One of China's leading e-commerce platform Suning.com has announced recently a raft of preferential measures in an effort to alleviate the impact of the novel coronavirus pneumonia (NPC) outbreak on dealers on its on-line supermarket.
E-commerce giant Suning reports double rise in net income
Chinese e-commerce giant Suning.com Wednesday announced in its quarterly report that its net income attributed to shareholders surged 94.28 percent year on year to about 11.9 billion yuan (1.69 billion U.S. dollars) in the first three quarters of 2019.
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Suning completes acquisition of 80 pct stake in Carrefour China
Chinese retailer Suning.com announced on Friday that its wholly-owned subsidiary Suning International Group Co., Ltd has completed the acquisition of an 80 percent stake in French supermarket giant Carrefour China on Thursday.
Eataly, the Suning platform option to land on the Chinese market
The pictures of Zhang Jindong walking among the stands at the Eataly Smeraldo, in Milan, during his visit to the city in recent days, accompanied by top manager Andrea Guerra, attracted the attention of the Chinese financial press.
Suning Xiaodian's instant delivery reaches 18 mln customers in "818" shopping festival
According to statistics, as of 18:00 PM on Sunday, the instant delivery service of around 6,000 convenient stores called Suning Xiaodian has reached 18 million customers' doorsteps in the country.
E-commerce giant Suning reports double-digit rise in sales
China's leading smart retailer Suning.com saw its omni-channel sales volume of commodities increased 21.8 percent year on year to 184.22 billion yuan (about 26.8 billion U.S. dollars) in the first half of 2019.
Suning buys controlling stake in Carrefour China
France-based Carrefour, the world's leading retailer chain, on Sunday announced it sold a controlling stake in Carrefour China to Chinese retailer giant Suning.com.
Suning reaches strategic partnership with China Unicom
Suning Holding Group had signed a strategic cooperation agreement with China Unicom, one of the country’s leading telecom giants, the Xinhua-run Shanghai Securities News reported on Tuesday.
Suning to open more smart retail stores in Yangtze River Delta
China's leading omnichannel retailer Suning will continue to expand its presence in the Yangtze River Delta, with plan to open 2,000 more smart retail stores in the next three years, said Zhang Jindong, chairman of Suning Holdings Group Co. Ltd.
Suning signs strategic cooperation agreement with Coca-cola
Suning Holding Group’s fast-moving consumer goods (FMCG) subsidiary has signed a comprehensive strategic cooperation agreement with U.S. beverage giant Coca-cola on Monday, reported the Xinhua-run Shanghai Securties New
Suning.com net profits up 216.38 pct in 2018, dividend plan of RMB1.2 for 10
Suning.com Co.,ltd. (002024.SZ) saw net profits attributable to shareholders soar 216.38 percent on year in 2018 to approximately 13.3276 bi
Suning.com continues efforts in market of fast-moving consumer goods
Suning.com, one of China's biggest retailers, have made efforts to expand its presence in the market of the fast-moving consumer goods in recent years, with its physical stores launched nationwide.
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