About Suning.com
Suning.com is a company based in Nanjing (China) founded in 1990.. Suning.com has completed 4 acquisitions, including Carrefour China, Manzuo and PPTV. Suning.com operates in a competitive market with competitors including MoneyGram, JD Finance, MoneyHero, TNG Wallet and Suning Finance, among others.
- Headquarter Nanjing, China
- Stage Public
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Sectors
Retail
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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
$1.36 B (USD), Post-IPO
Jul 05, 2021
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Investors
Xiaomi
& 6 more
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Employee Count
Employee Count
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Investments & Acquisitions
Carrefour China
& 3 more
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Funding Insights of Suning.com
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $1.4B
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First Round
First Round
(12 Feb 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Suning.com | Valuation |
investors |
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| Mar, 2021 | Amount | Post-IPO - Suning.com | Valuation |
investors |
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| Feb, 2018 | Amount | Post-IPO - Suning.com | Valuation |
investors |
| 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 |
Investors in Suning.com
Suning.com has secured backing from 7 investors, including institutional investors. Prominent investors backing the company include Xiaomi, Haier and Alibaba Group. 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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A coordination system for government information releases is provided.
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Conglomerate group operating a portfolio of businesses
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Manufacturer of robotics, industrial automation, logistics and home appliances
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Founded Year | Domain | Location |
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|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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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.com
Suning.com has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Carrefour China, Manzuo and PPTV. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Group buying and location-based marketing are facilitated online.
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2006 | ||||
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IPTV-based streaming platform
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2005 | ||||
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Online B2C baby and maternity retail marketplace
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2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Suning.com
| 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.Com Comparisons
Competitors of Suning.com
Suning.com 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 MoneyGram, JD Finance, MoneyHero, TNG Wallet and Suning Finance, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cross-border payments are enabled via wallet solutions for consumers.
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| domain | founded_year | HQ Location |
Consumer and business loans are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Online comparisons of insurances and loans are facilitated.
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| domain | founded_year | HQ Location |
NFC-enabled wallet is provided for consumer payments and transfers.
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| domain | founded_year | HQ Location |
Financial products are offered via an online platform.
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| domain | founded_year | HQ Location |
Operates as an online platform for comparing and purchasing discounted insurance products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Suning.Com
Frequently Asked Questions about Suning.com
When was Suning.com founded?
Suning.com was founded in 1990 and raised its 1st funding round 28 years after it was founded.
Where is Suning.com located?
Suning.com is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.
What does Suning.com do?
Suning.com was founded in 1990 in Nanjing, China, and operates as a retail chain in the consumer goods sector. Products encompassing home appliances, consumer electronics, daily necessities, and notebooks are offered through its platform. Free shipping is provided to customers. In 2023, annual revenues reached 11.98 billion, while a net loss of 6.14 billion was recorded.
Who are the top competitors of Suning.com?
Suning.com's top competitors include MoneyGram, JD Finance and CarePay.
How many acquisitions has Suning.com made?
Suning.com has made 4 acquisitions, including Carrefour China, Manzuo, and PPTV.
Who are Suning.com's investors?
Suning.com has 7 investors. Key investors include Xiaomi, Haier, Alibaba Group, TCL Electronics, and Midea Group.
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