About Suning.com
Suning.com is a publicly listed company based in Nanjing (China) founded in 1990. Multi-category retail products are sold by Suning.com. Suning.com has completed 4 acquisitions, including Carrefour China, Manzuo and PPTV. Its website suning.com draws about 1.1 million monthly visits. Its focus areas include Consumer Goods, Retail Chains, Horizontal and Supermarkets. Its competitors include JD Finance, MoneyHero and TNG Wallet; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Nanjing, China
- Stage Public
- SectorsRetail
- Website suning.com
- Latest Funding Round$1.36B (USD), Post-IPO
Jul 2021
- InvestorsXiaomi
& 6 more
- Investments & AcquisitionsCarrefour China
& 3 more
Funding Insights of Suning.com
- Total Rounds 3
- Last Round Post-IPO — $1.36B
- First Round $4.6B
(Feb 2018)
- Investors Count 7
All 3 funding rounds of Suning.com with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2021 | $1.36B | Post-IPO | – | – | |
| Mar 2021 | $2.29B | Post-IPO | – | – | |
| Feb 2018 | $4.6B | Post-IPO | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A coordination system for government information releases is provided. | 2003 | jiangsu.gov.cn | Nanjing, China | |
Conglomerate group operating a portfolio of businesses | 1999 | alibabagroup.com | Hangzhou, China | |
Manufacturer of robotics, industrial automation, logistics and home appliances | 1968 | midea-group.com | Foshan, China | |
Manufacturer of consumer electronics and home appliances products | 1984 | haier.com | Qingdao, China | |
Multi-category consumer electronics are offered through an internet-first model. | 2010 | mi.com | Beijing, China | |
Consumer electronics and appliances are manufactured and distributed by TCL. | 1981 | tcl.com | Mumbai, India | |
Legal documents are provided for UK businesses by shizl. | shizl.com | Wilmslow, United Kingdom |
Investor details for Suning.com
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Suning.com
1 people are tracked at Suning.com (1 in leadership).
| Name | Role | Group |
|---|---|---|
Ren Jun | CEO | Leadership |
Complete people profiles for Suning.com
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cryptocurrency investment information and guides are provided for informed decisions. | carrefour.cn | Shanghai, China | 1959 | Jun 2019 | $698.8M | |
Group buying and location-based marketing are facilitated online. | manzuo.com | Beijing, China | 2006 | Jan 2014 | $10M | |
IPTV-based streaming platform | pptv.com | Shanghai, China | 2005 | Oct 2013 | $420M | |
Online B2C baby and maternity retail marketplace | redbaby.com.cn | Beijing, China | 2004 | Sep 2012 | $66M |
Complete acquisition details for Suning.com
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Suning.com
8 dated milestones of Suning.com across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Suning.com is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Redbaby.
- Acquisition Acquires PPTV.
- Acquisition Acquires Manzuo.
- Funding First funding round of $4.6B.
- Acquisition Acquires Carrefour China.
- Funding Latest funding round, Post-IPO, of $1.4B.
Competitors of Suning.com
Suning.com has 3 listed competitors in our database, 3 of them funded. They include JD Finance, MoneyHero and TNG Wallet.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jr.jd.com | 2013 | Beijing, China | $1.01B | Consumer and business loans are facilitated via an online platform. | ||
| moneyhero.com.hk | 2012 | Hong Kong, China | $50M | Online comparisons of insurances and loans are facilitated. | ||
| tngwallet.hk | 2013 | Hong Kong, China | $115M | NFC-enabled wallet is provided for consumer payments and transfers. |
Detailed competitors of Suning.com
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Suning.com
The website of Suning.com (suning.com) receives about 1.1M visits a month.
- Monthly visits1.1M
▲ 2% vs previous month
Websites whose visitors overlap most with Suning.com. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| jd.com | 100% | 79.4M | #314 | View details | |
 amazon.cn | amazon.cn | 99% | #68,025 | – | |
| dangdang.com | 90% | 1.2M | #39,119 | View details | |
| smzdm.com | 83% | 20.1M | #2,668 | View details | |
| taobao.com | 83% | 187.6M | #129 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Suning.com
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Suning.Com
Complete news archive for Suning.com
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Suning.com
Suning.com was founded in 1990 and raised its 1st funding round 28 years after it was founded.
Suning.com is headquartered in Nanjing, China. It is registered at Nanjing, Jiangsu, China.
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.
Suning.com's top competitors include JD Finance, TNG Wallet and MoneyHero.
Suning.com has made 4 acquisitions, including Carrefour China, Manzuo, and PPTV.
Suning.com has 7 investors. Key investors include Xiaomi, Haier, Alibaba Group, TCL Electronics, and Midea Group.
The website of Suning.com receives about 1.1 million visits a month.