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1. • • Suning said Feb. 28 that four of its five largest shareholders, including the founder, would sell a combined 23% of the company’s shares for 14.8 billion yuan to Shenzhen International Holding Ltd. and Shenzhen Kunpeng Equity Investment Management Co. Ltd., both under the State-owned Assets Supervision and Administration Commission of the Shenzhen government.
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   How did Suning acquire Alibaba Group Holding Ltd?

   • In 2015, Suning formed a strategic tie-up with Alibaba Group Holding Ltd. Under the deal, Alibaba acquired about 20% of Suning’s shares for 28.3 billion yuan, becoming the second-largest shareholder only after Zhang. Suning also bought 1.1% of Alibaba’s stock for 14 billion yuan.

   In Depth: How Suning Fell Into Crisis as JD.com Surged

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   What happened to Suning?

   • Suning’s own retail business, with more than 16,000 stores across the country, is suffering from losses. In 2020, the company reported a net loss of 3.9 billion yuan on revenue of 258.4 billion yuan, down 4% from 2019. In the first three quarters of 2020, Suning closed more than 900 stores. What to sell next?

   Cover Story: What Will Suning Have to Sell Next? - Caixin Global

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   How much did Suning invest in China?

   • In the five years between 2015 and 2019, Suning’s investments totaled 71.6 billion yuan, including 4 billion yuan of equity investment in state-backed telecom giant China Unicom and 4.8 billion yuan to acquire an 80% stake in Carrefour China.

   Cover Story: What Will Suning Have to Sell Next? - Caixin Global

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   Is Suning a Chinese company?

   • As of Jul 27, 2024. Values delayed up to 15 minutes SUNING.COM CO LTD, formerly SUNING COMMERCE GROUP CO LTD, is a China-based company principally engaged in the retailing of household appliances, digital products and communication products. The Company operates businesses through three segments.

   002024.SZ - | Stock Price & Latest News | Reuters

   www.reuters.com/markets/companies/002024.SZ

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   Who owns Suning Appliance Group?

   • In addition, Suning.com’s parent company Suning Appliance Group Co. Ltd., its major shareholder Suning Holdings Group, and Suning Real Estate also have made a large number of investments. Both Suning Holdings and Suning Real Estate are controlled by Suning’s founder.

   Cover Story: What Will Suning Have to Sell Next? - Caixin Global

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   Did Suning sell PPTV?

   • In 2015, Suning sold a 68% stake in its PPTV unit for 2.6 billion yuan to a subsidiary of Suning Holdings. After the sale, PPTV, with a loss of 1.2 billion yuan in 2015, was no longer included in the listed company’s consolidated financial statement, increasing net profit of the listed company by 1.36 billion yuan.

   Cover Story: What Will Suning Have to Sell Next? - Caixin Global

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3. finance.yahoo.com › quote › 002024Suning.com Co., Ltd. (002024.SZ) Stock Price, News, Quote ...

   finance.yahoo.com › quote › 002024

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   Find the latest Suning.com Co., Ltd. (002024.SZ) stock quote, history, news and other vital information to help you with your stock trading and investing.

4. www.reuters.com › markets › companies002024.SZ - | Stock Price & Latest News | Reuters

   www.reuters.com › markets › companies

   Sep 13, 2024 · Get Suning.Com Co Ltd (002024.SZ) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments.

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5. www.caixinglobal.com › 2021/03/24 › in-depth-howIn Depth: How Suning Fell Into Crisis as JD.com Surged

   www.caixinglobal.com › 2021/03/24 › in-depth-how

   Mar 24, 2021 · In 2015, Suning formed a strategic tie-up with Alibaba Group Holding Ltd. Under the deal, Alibaba acquired about 20% of Suning’s shares for 28.3 billion yuan, becoming the second-largest shareholder only after Zhang. Suning also bought 1.1% of Alibaba’s stock for 14 billion yuan.

6. www.marketscreener.com › quote › stockSuning.com Co., Ltd. Stock (002024) - Quote Shenzhen S.E ...

   www.marketscreener.com › quote › stock

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   Apr 23, 2005 · Suning.com Co., Ltd.'s Equity Buyback announced on June 26, 2024, has closed with 60,393,842 shares, representing 0.66% for CNY 80.34 million. CI Summary

   • Brand: SUNING.COM CO., LTD.

7. www.caixinglobal.com › 2021/03/22 › cover-story-whatCover Story: What Will Suning Have to Sell Next ... - Caixin ...

   www.caixinglobal.com › 2021/03/22 › cover-story-what

   Mar 22, 2021 · A state-led bailout injected 14.8 billion yuan ($2.3 billion) to Sunning.com Co. Ltd. (002024.SZ), making two Shenzhen government-owned investment entities the largest shareholders of the Shenzhen-listed company.

8. global.chinadaily.com.cn › a › 202107Fund to pick up 17% equity in Suning - Chinadaily.com.cn

   global.chinadaily.com.cn › a › 202107

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   3 days ago · Zhang Jindong, his trust and two of his Suning holding companies, will transfer the almost 17 percent stake to Jiangsu Xinxin Retail Innovation Fund II. After the transfer, Zhang and the Suning holding company will remain the e-commerce firm's largest shareholder with a nearly 20.4 percent stake.

9. www.bloomberg.com › news › videosSuning.com Says Parent, Holder Plan Share Sale - Bloomberg.com

   www.bloomberg.com › news › videos

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   Jun 17, 2021 · They include a share sale for the retail arm Suning.com and a factoring deal involving Suning Holdings and Suning Appliance Group. The stock remains in a trading halt after it sank.