Suning.com

Suning.com Co., Ltd. (/ˈsunɪŋ/ SOO-ning), formerly Suning Commerce Group Co., Ltd., is one of the largest non-government retailers in China, headquartered in Nanjing, Jiangsu. Suning has more than 10,000 stores nationwide and its e-commerce platform, Suning.com ranks among top three Chinese B2C companies. The operation categories include physical merchandise, such as home appliances, 3C products, books, general merchandise, household commodities, cosmetics and baby care products, content products and service merchandise with the total number of SKU exceeding 3 million. It was listed on the Shenzhen Stock Exchange in 2004. In 2021, Suning.com ranked at 328th on the Fortune Global 500 list.

Suning.com Co., Ltd.
Formerly
  • Suning Domestic Appliance
  • Suning Domestic Appliance (Group)
  • Suning Appliance Chain Store (Group)
  • Suning Appliance
  • Suning Commerce Group
Company typePublic
SZSE: 002024
IndustryRetail
Founded
  • 1990 (predecessor)
  • 15 May 1996 (1996-05-15) (date of incorporation of Suning Domestic Appliance)
FounderZhang Jindong
HeadquartersNanjing,
China
Area served
China (including Hong Kong) and Japan
Key people
  • Huang Mingduan
    (chairman)
  • Jun Ren
    (president and director)
  • Wei Huang
    (secretary of president)
Revenue CN¥252.296 billion
(US$39.610 billion, 2020)
CN¥−5.015 billion
(US$787 million, 2020)
CN¥−4.275 billion
(US$671 million, 2020)
Total assets CN¥212.075 billion
(US$33.295 billion, 2020)
Total equity CN¥76.831 billion
(US$12.062 billion, 2020)
Owner
Alibaba Group(19.99%)
Zhang Jindong(17.62%)
New Retail Innovation Fund(16.96%)
Suning Holdings Group(2.73%)
Suning Appliance Group(1.39%)
Others shareholders(41.31%)
Number of employees
69,398 (2 August 2021)
DivisionsSuning Commerce R&D Center USA
Subsidiaries
Laox(41.85%)
Suning.com(100%)
Suning Hong Kong(100%)
Tiantian Express
PPTV(44%)
Yunwang Wandian(70%)
Carrefour China(80%)
TCL Technology(25%)
Chinese name
Simplified Chinese苏宁易购集团股份有限公司
Chinese short name
Simplified Chinese苏宁易购
former Chinese name
Simplified Chinese苏宁云商集团股份有限公司
Traditional Chinese蘇寕雲商集團股份有限公司
former Chinese short name
Simplified Chinese苏宁云商
Traditional Chinese蘇寕雲商
Literal meaningSuning Cloud Commerce
Websitesuning.cn
Footnotes / references
in consolidated financial statement

Suning.com is ranked 9th on the list of the 15 Fastest Growing Ecommerce Companies in 2020 according to a report published by the international finance website "Insider Monkey", and ranked 2nd in "Total Online Retail Sales" in China.

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