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Suning.com is a prominent Chinese non-government retailer, operating a comprehensive omni-channel platform encompassing both vast physical stores and a leading e-commerce presence. The company specializes in the retail of a wide array of physical merchandise, including home appliances, 3C products, books, general merchandise, and personal care items. Leveraging its extensive network of over 10,000 stores nationwide, Suning.com integrates online and offline retail experiences, positioning its e-commerce platform among the top B2C companies in China.
The company's origins trace back to December 26, 1990, when its predecessor was established in Nanjing as a specialized air-conditioner retail store. Founder Zhang Jindong spearheaded this venture with an initial focus on appliance sales. The foundational insight was to build a robust retail chain in China, which subsequently evolved from a specialized domestic appliance retailer into a diversified conglomerate integrating traditional retail with digital commerce.
Suning.com serves a broad consumer base across mainland China, Hong Kong, and Japan, catering to diverse needs through its extensive product offerings. The company’s long-term vision centers on delivering user-centric retail services by continually exploring multi-channel integration to enhance the shopping experience. It strives to remain a leading retail service provider, adapting its model to meet evolving consumer demands.
Suning has raised $912.7M across 1 funding round.
Suning has raised $912.7M in total across 1 funding round.
Suning has raised $912.7M across 1 funding round. Most recently, it raised $912.7M Suning.com - Other Equity in December 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 1, 2018 | SenseTime | $620.0M Series C | Joseph Tsai | 5Y Capital, Qualcomm, Temasek |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2020 | $912.7M Venture Round | — | Shenzhen Capital Group, Shenzhen Smart City Investment Fund | Announced |
Suning has raised $912.7M in total across 1 funding round.
Suning's investors include Shenzhen Capital Group, Shenzhen Smart City Investment Fund.