According to reports in Chinese local media, Suning Xiaodian, the convenience store chain owned by Suning, and Fung Retailing reached an equity transfer agreement, under which Suning Xiaodian will buy more than 60 Circle K…
Suning Xiaodian's first coffee shop recently started trial operation in Nanjing, providing 27 kinds of drinks of five major categories.
According to reports in Chinese local media, Suning recently opened its first full digital store in Nanjing.
Suning.com recently published an announcement, stating that the group's wholly-owned subsidiary Suning International Group Co., Limited has signed a share purchase agreement with Carrefour Nederland B.V. and Carrefour S.A.
According to reports in Chinese local media, Suning is planning and building its first 5G application experience store-in-store in Shanghai, which will open to public soon.
Suning Logistics is signing a strategic cooperation agreement with the world's largest direct sales company Amway.
With behemoths like Alibaba.com, JD.com, Suning.com, Amazon has lots of competition in China. But the company is still focused on recruiting more Chinese small businesses to boost its export goods services.
Suning Commerce Group recently published a report for its performance in the first half of 2016, stating that Suning's total operating revenue was CNY68.72 billion, a year-on-year increase of 9.03%.
Chinese electronics and home appliances retailer Suning and Chinese telecom device maker ZTE announced a strategic cooperation between the two parties.
Suning's controlling subsidiary Laox is accelerating the realization of its international strategy and the company opened eight new stores in September 2015, reaching a total of 30 stores in Japan.