KK Group, a retail unicorn startup, submitted an IPO application to the Hong Kong Stock Exchange on Thursday.
On October 29, Suning.com released its performance report for the first three quarters of 2021, showing that the company's operating income in the third quarter was 21.968 billion yuan ($3.4 billion), down 64.82% year-on-year.
Dada Group, China’s local on-demand delivery and retail platform, and JD.com today announced that they jointly launched "Shop Now", the JD Xiaoshigou.
Dada Group, a Chinese local on-demand delivery and retail platform, announced that its JD Daojia (JDDJ) platform hosted the first “JD Daojia Brand Partner Conference” in Shanghai on Thursday.
According to the Tianyancha app, Suning.com has undergone a series of industrial and commercial changes. For instance, its legal representative has been changed from Zhang Jindong to Ren Jun.
Chinese retail platform Suning.com on Thursday evening announced that Huang Mingduan will be its new Chairman and one of the non-independent directors. Xian Handi, Cao Qun and Zhang Kangyang will also be its non-independent directors.
MissFresh has recently partnered with Tencent to bolster its Retail Cloud services and ensure that its retail partners would be able to jumpstart their online business and operate more efficiently.
On Monday, Suning.com announced a board meeting decision that Zhang Jindong has resigned his title as Chairman of Suning.com but will continue to serve as the Honorary Chairman of the board of directors. In the meantime, Ren Jun will perform the duties of chairman temporarily before a new appointment is made.
Retail giant Suning.com announced on Sunday it has received 14.8 billion yuan ($2.3 billion) in investment from state-backed investors in exchange for a 23% stake in the company, leading to a change in management.
Chinese online learning platform Zuoyebang announced on Monday it raised $750 million, demonstrating continued investor interest in China’s online education technology ecosystem.
On June 23, Suning.com Corporation announced that its subsidiary Suning International purchased an 80 percent stake in Carrefour China.
Tmall, an online retail website owned by Alibaba, announced today that it expects 1000 new international and domestic cosmetics brands to join the Tmall platform this year in order to meet the demands of Chinese consumers.
Alibaba‘s financial report for the past quarter (January 1 to March 31, 2018), and for the fiscal year of 2018 has just been published by Alibaba Group Holding Limited (NYSE: BABA) today.