Electronics

Suning Plans To Issue Non-public Shares For New Projects

June 29, 2009

Chinese electronics retailer Suning has published a report, which states that it will issue up to 200 million new non-public shares at a price of at least CNY15 per share to raise CNY2.8 billion for eight new projects.



Suning Plans To Acquire Stake In Japan's Laox

June 22, 2009

According to reports in local Japanese media, the Japanese electronics retailer Laox is in discussions with the Chinese home appliances retailer Suning and plans to sell parts of its stake to the latter.



China Telecom Beijing Opens Flagship Store On Taobao.com

June 15, 2009

China Telecom's Beijing branch has opened a flagship store on the Internet shopping website Taobao.com.



Bain Capital To Acquire 18% Stake In Gome For USD400 Million

June 12, 2009

It is reported that U.S. private equity firm Bain Capital is to buy a 18% stake in China's electronic retail giant Gome for USD400 million.



Shanghai Home To New Best Buy Retail Outlet

May 29, 2009

Electronics retail giant Best Buy has announced the official opening of its Xinzhuang store in Shanghai.



Suning Offers Internships For University Graduates In Beijing

May 8, 2009

Chinese electronics retailer Suning has signed an agreement with three universities in Beijing to be their designated entrepreneurial base to help university students find jobs and to improve their employment status.