Chinese Electronics Retailer Inks Deal With Smartphone Manufacturer
Chinese electronics and home appliances retailer Suning and Chinese telecom device maker ZTE announced a strategic cooperation between the two parties.
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.
China's Alibaba Group Holding Limited will invest approximately CNY28.3 billion for a 19.99% stake in Suning Commerce Group Limited.
Chinese electronics retailer Suning Commerce Group will soon build its second headquarters in Shanghai.
Suning Supermarket Company, a direct subsidiary under Suning Commerce Group, announced its entry into the online Chinese fresh food market.
Chinese home appliances and electronics retailer Gome announced that the company's first owned store will be launched in Mong Kok, Hong Kong in mid-October 2014.
Chinese smartphone maker Meizu and electronics and home appliances retailer Suning will form a strategic partnership to build 300 specialty stores and complete sales of CNY2 billion within 12 months.
China's Suning Commerce Group announced the launch of its crowdsourcing platform, which aims to build a one-stop service platform from innovation to sales for consumers.
Suning Commerce Group has been expanding quickly past being only an electronics retailer.
China-based Suning Commerce Group is focusing on its electronics retail R&D with a new outpost in the United States.