Suning Appoints New CEO (Yet Again) For PPTV

PPTV’s employees have received an appointment notice stating that Mi Xin will become new president and chief executive officer of PPTV, according to an insider from the company. Since being acquired by Suning in 2013, PPTV’s CEO has changed three times. The notice included three appointments. Fan Zhijun was appointed chairman of management committee of […]

Chinese E-Commerce Eyes Stability During Year’s Biggest Shopping Day

In the West, today is the remembrance of the end of World War One. But in China, November 11 is Singles’ Day and the entire country has prepared for an online sales onslaught. In 2014, Alibaba posted more than USD9 billion in sales on China’s Singles’ Day. And this year rivals and Suning hope […]

Alibaba Tries To Find The Best Way To Manage Its Growth

With its stock price dropping in the U.S., Alibaba Group announced plans to launch a dual-city operations strategy to better manage its varied assets. The company will base itself in Hangzhou and Beijing dual-center strategy. Beijing will be its base camp to promote its strategy execution and business development in the northern areas of China. […]

Suning Appoints Management Committee Chairman For PPTV

China’s Suning announced plans to increase its strategic investment in PPTV, a Chinese video website. At the same time, its board of directors appointed Fan Zhijun, executive president for Suning in East China, as chairman of the management committee at PPTV. Suning said that over the past year of transition, the strategic integration of PPTV […]

Suning Acquires Group Buying Site

Suning Commerce Group confirmed that the company will acquire Chinese group buying website for nearly USD10 million. According to a representative from Suning, as a new business model which integrates online and offline channels, the business has a broad market capability in China. Group buying is a catalyst that promotes the integration of online […]

Suning, Hony Capital Jointly Invest In China’s PPTV

Suning Commerce announced to Chinese local media that the group cooperated with Legend Holdings’ Hony Capital to jointly invest USD420 million in PPTV, a Chinese Internet video website. After this strategic investment, PPTV will maintain its independent development. According to electronics retailer Suning, the company will invest USD250 million in PPTV, accounting for 59.52% of […]

Suning’s E-commerce Revenue Up 134%

Suning Commerce Group published its financial report for the first quarter of 2013, stating that during the reporting period, the group realized operating revenue of CNY27.201 billion, a year-on-year increase of 20.14%; meanwhile, its e-commerce business realized revenue of CNY4.499 billion, a year-on-year increase of 134%.

China’s Gome Invests CNY1 Billion In Maternity E-commerce Website

Chinese electronics and home appliances retailer Gome’s e-commerce website and the maternal and baby products website have signed a strategic cooperation agreement to jointly operate a maternal and baby products channel. Formally Acquires Redbaby For USD66 Million, the e-commerce platform of Chinese electronics retailer Suning, announced that it has invested USD66 million to acquire the Chinese e-commerce website for baby and maternity products

Chinese Offline Retailer Makes Internet Group Discount Buying Push, the e-commerce platform of Chinese electronics and home appliances retailer Suning, revealed that they will launch a new nationwide group discount buying service this week. Acquisition Should Be Completed Soon

A representative from, the e-commerce platform of electronics retailer Suning, told local media that their negotiation for the acquisition of, a Chinese e-commerce website for baby and maternal products, has entered the financial audit stage, and the deal is expected to be closed in the third quarter of 2012.

Suning’s Latest Strategy Mixes Chinese Suppliers With Online Commerce, the Internet retail platform of the Chinese home appliances retailer Suning, has announced its open platform strategy, stating that it will fully open its data information, logistics and funding platforms.

Suning’s E-commerce Website Launches Book Channel

Chinese electronics and home appliances retailer Suning has released its performance report for the third quarter of 2011, stating that from January to September 2011, the company’s e-commerce business grew rapidly and realized sales of CNY4.079 billion.

Suning Unveils After-sales Nanjing Technical Training Center

Chinese home appliances and electronics retailer Suning has announced that after six months of preparation and construction, its after-sales technical training center has been formally put into operation, making it the first after-sales technical training platform in the Chinese home appliances retail industry.