About Suning Consumer Finance Co
Suning Consumer Finance Co is a company based in Nanjing (China) founded in 2015 was acquired by Bank of Nanjing in August 2022.. Suning Consumer Finance Co operates in a competitive market with competitors including China Pacific Insurance, Ping An, Blue KC, China Taiping Insurance Group and Prudential, among others.
- Headquarter Nanjing, China
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Bank of Nanjing
(Aug 30, 2022)
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Funding Insights of Suning Consumer Finance Co
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Suning Consumer Finance Co
Suning Consumer Finance Co has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bank of Nanjing. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of commercial bank
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Suning Consumer Finance Co
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Suning Consumer Finance Co
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Suning Consumer Finance Co Comparisons
Competitors of Suning Consumer Finance Co
Suning Consumer Finance Co operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as China Pacific Insurance, Ping An, Blue KC, China Taiping Insurance Group and Prudential, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Life and property insurance services are provided nationwide.
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| domain | founded_year | HQ Location |
Life and non-life insurance, banking, and financial services are provided.
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| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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Diversified insurance and financial services are provided globally.
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Financial services for pensions and investments are provided by Prudential.
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Diversified insurance services are provided by the group in China.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Suning Consumer Finance Co
When was Suning Consumer Finance Co founded?
Suning Consumer Finance Co was founded in 2015.
Where is Suning Consumer Finance Co located?
Suning Consumer Finance Co is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.
What does Suning Consumer Finance Co do?
Suning Consumer Finance Co was founded in 2015 and is headquartered in Nanjing, China. Operations are focused on the financial sector, where banking and insurance services for shareholders are offered alongside financial solutions. Pharmaceutical-related services are also included in the portfolio. The company maintains its domain at sncfc.com.cn, serving clients within Chinas domestic market through these integrated offerings.
Who are the top competitors of Suning Consumer Finance Co?
Suning Consumer Finance Co's top competitors include China Pacific Insurance, Ping An and Beazley.
Who are Suning Consumer Finance Co's investors?
Suning Consumer Finance Co has 1 investor. Key investors include Bank of Nanjing.