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Suning Online Market

Source of articles:Shenzhen NTEK Testing Technology Co., Ltd. Publication time:2020-01-10 Popularity:3077


Suning Tesco is a new generation B2C online shopping platform under Suning Tesco Group Co., Ltd., which now covers traditional home appliances, 3C appliances, daily necessities and other categories. In 2011, Suning Tesco strengthened the simultaneous development of virtual networks and physical stores to continuously increase its network market share.

In the next three years, Suning Tesco will rely on strong logistics, after-sales service and information support to continue to maintain a rapid pace of development; by 2020, Suning Tesco plans to achieve a sales scale of 300 billion yuan, becoming one of China's leading B2C platforms One. It currently ranks among the top three in China's B2C market share. Headquartered in Nanjing. On August 17, 2015, Suning Tesco officially entered Tmall.

In November 2017, Suning officially announced the establishment of Suning Tesco Auto Company.

Suning Tesco Group is China's leading O2O smart retailer. In 2017, Suning Tesco ranked for the first time in Fortune's 2017 Global Fortune 500 list.

On January 14, 2018, Suning Yunshang announced that it plans to upgrade the Suning Tesco, the Suning smart retail channel brand name, to the company name, and intends to change the company ’s Chinese name, English name, and securities short name.

On March 3, 2018, Zhang Jindong, the chairman of the National People's Congress, took 4 suggestions to the meeting, including green logistics, e-commerce poverty alleviation, live broadcast protection, and consumer big data platforms.

In July 2018, Suning Tesco ranked 427th in the "Fortune Global 500" in 2018.

According to the latest data released by iResearch, a third-party research institute in China, in 2017, China ’s omni-channel home appliance sales reached 790.5 billion yuan, with Suning Tesco taking a 20% share and leading the way in omnichannel.

On February 12, 2019, Suning Tesco stated at the annual meeting that it would acquire Wanda Department Store. [9] On September 7, 2019, the China Business Federation and the All-China Business Information Center released the 2018 China Top 100 Retail List, and Suning Tesco ranked 4th.

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