Investments
15Portfolio Exits
2Funds
2Partners & Customers
10Service Providers
1About Suning Commerce Group
Suning Commerce Group (苏宁控股) engages in the chain sales and service of household appliances, office equipment, electronics, and communications products. Its products include color television, audio and video, compact disc, digital and information technology products, refrigerators, washing machines, communications products, air conditioner, and kitchen and living room small household electrical appliances. Suning has two listed companies, namely Suning.com (苏宁云商 / 苏宁易购) (SHA: 002024) and LAOX Japan (ラオックス) (TYO: 8202).
Suning Commerce Group Headquarter Location
No. 1 Suning Building
Nanjing, Jiangsu, 210042,
China
Research containing Suning Commerce Group
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Suning Commerce Group in 1 CB Insights research brief, most recently on Oct 2, 2019.
Latest Suning Commerce Group News
May 31, 2018
China Connect retourne à Shanghai après le succès de la 1ère édition , qui a notamment vu la participation de Louis YANG, Co-fondateur et CEO de Musical.ly, qui a été racheté en Novembre 2017 pour environ 1B$ par le groupe Bytedance (éditeurs des applications à succès Toutiao et Douyin) ainsi que l’annonce au CES Las Vegas 2018, d’un partenariat entre Sunning Commerce et Emotibot suite à la rencontre de Joshua Xiang, EVP of R&D, Suning Commerce Group – GM, Suning Research et Kenny Chien, CEO d’Emotibot, également speakers. Les leaders de l’écosystème numérique chinois, du marketing digital, du retail et de l’innovation technologique ont rendez-vous le 15 Juin à Shanghai: Tencent (Social, Jeux, Paiement), CTrip (Voyage), Meipai (Video), L’Oréal, Wunderman Commerce, Coca Cola, Reprise Media (IPG Mediabrands), Tiffany, la Fédération Française de Football en Chine, parmi les marques qui confirment leur participation à la 2ème edition de China Connect en Chine. Découvrez la liste des speakers: http://shanghai.chinaconnectforum.com/speakers-shanghai-2018/ Informations pratiques:
Suning Commerce Group Investments
15 Investments
Suning Commerce Group has made 15 investments. Their latest investment was in Suning Financial Services as part of their Series C on September 9, 2019.
Suning Commerce Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/27/2019 | Series C | Suning Financial Services | $1,403.91M | No | 9 | |
2/13/2019 | Series A - III | PATEO | No | 8 | ||
4/19/2018 | Corporate Minority - III | Leshi Zhixin Electronic Technology | $477.79M | Yes | 7 | |
4/9/2018 | Series C | |||||
3/12/2018 | Seed VC |
Date | 9/27/2019 | 2/13/2019 | 4/19/2018 | 4/9/2018 | 3/12/2018 |
|---|---|---|---|---|---|
Round | Series C | Series A - III | Corporate Minority - III | Series C | Seed VC |
Company | Suning Financial Services | PATEO | Leshi Zhixin Electronic Technology | ||
Amount | $1,403.91M | $477.79M | |||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 9 | 8 | 7 |
Suning Commerce Group Portfolio Exits
2 Portfolio Exits
Suning Commerce Group has 2 portfolio exits. Their latest portfolio exit was SenseTime on December 30, 2021.
Suning Commerce Group Acquisitions
9 Acquisitions
Suning Commerce Group acquired 9 companies. Their latest acquisition was Carrefour China on June 23, 2019.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
6/23/2019 | Other | Corporate Majority | 22 | |||
3/11/2019 | ||||||
4/3/2018 | ||||||
1/3/2017 | Series A | |||||
11/26/2016 | Other |
Date | 6/23/2019 | 3/11/2019 | 4/3/2018 | 1/3/2017 | 11/26/2016 |
|---|---|---|---|---|---|
Investment Stage | Other | Series A | Other | ||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Corporate Majority | ||||
Sources | 22 |
Suning Commerce Group Fund History
2 Fund Histories
Suning Commerce Group has 2 funds, including Logistics Real Estate Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
Logistics Real Estate Fund | 1 | ||||
Shanghai Guotai Junan Innovation Equity Investment Fund Center |
Closing Date | ||
|---|---|---|
Fund | Logistics Real Estate Fund | Shanghai Guotai Junan Innovation Equity Investment Fund Center |
Fund Type | ||
Status | ||
Amount | ||
Sources | 1 |
Suning Commerce Group Partners & Customers
10 Partners and customers
Suning Commerce Group has 10 strategic partners and customers. Suning Commerce Group recently partnered with Italian Trade Agency on November 11, 2020.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
11/11/2020 | Partner | Italy | Chinese retail giant to cooperate further with Italian Trade Agency Following the deals , Suning 's high-end retail service brand Sup 's will collaborate with Trade Agency to launch monthly `` blind boxes '' of wines , bringing various assortments of wines to Chinese customers . | 1 | |
10/13/2020 | Vendor | United States | Posted on Tuesday, October 13, 2020. Suning Cinema opens “all Christie” RGB laser multiplex Peter Chen , executive director of Cinema Sales , Greater China , Christie , commented , `` We 're delighted that Suning Cinema has chosen our advanced , yet affordable RGB laser projection systems for its new flagship multiplex in Xi'an to deliver spectacular visuals for movie-goers . | 1 | |
10/13/2020 | Vendor | United States | Photos courtesy of Suning Cinema. Suning Cinema opens “all Christie” RGB laser multiplex in Xi’an Peter Chen , executive director of Cinema Sales , Greater China , Christie , commented , `` We 're delighted that Suning Cinema has chosen our advanced , yet affordable RGB laser projection systems for its new flagship multiplex in Xi'an to deliver spectacular visuals for movie-goers . | 1 | |
8/10/2020 | Partner | ||||
9/26/2018 | Partner |
Date | 11/11/2020 | 10/13/2020 | 10/13/2020 | 8/10/2020 | 9/26/2018 |
|---|---|---|---|---|---|
Type | Partner | Vendor | Vendor | Partner | Partner |
Business Partner | |||||
Country | Italy | United States | United States | ||
News Snippet | Chinese retail giant to cooperate further with Italian Trade Agency Following the deals , Suning 's high-end retail service brand Sup 's will collaborate with Trade Agency to launch monthly `` blind boxes '' of wines , bringing various assortments of wines to Chinese customers . | Posted on Tuesday, October 13, 2020. Suning Cinema opens “all Christie” RGB laser multiplex Peter Chen , executive director of Cinema Sales , Greater China , Christie , commented , `` We 're delighted that Suning Cinema has chosen our advanced , yet affordable RGB laser projection systems for its new flagship multiplex in Xi'an to deliver spectacular visuals for movie-goers . | Photos courtesy of Suning Cinema. Suning Cinema opens “all Christie” RGB laser multiplex in Xi’an Peter Chen , executive director of Cinema Sales , Greater China , Christie , commented , `` We 're delighted that Suning Cinema has chosen our advanced , yet affordable RGB laser projection systems for its new flagship multiplex in Xi'an to deliver spectacular visuals for movie-goers . | ||
Sources | 1 | 1 | 1 |
Suning Commerce Group Service Providers
1 Service Provider
Suning Commerce Group has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
|---|---|---|---|
Acquired | Investment Bank | Financial Advisor |
Service Provider | |
|---|---|
Associated Rounds | Acquired |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
Suning Commerce Group Team
1 Team Member
Suning Commerce Group has 1 team member, including current Chief Executive Officer, JinDong Zhang.
Name | Work History | Title | Status |
|---|---|---|---|
JinDong Zhang | Chief Executive Officer | Current |
Name | JinDong Zhang |
|---|---|
Work History | |
Title | Chief Executive Officer |
Status | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.