Home / Business / Companies

Suning Appliance changes its name

By Li Woke | | Updated: 2013-02-20 15:50

Suning Appliance Co Ltd, China's largest electric appliances retailer by sales, said Tuesday that it has changed its name to Suning Commerce Group Co Ltd.

"Along with the change of the business format, the name of the company needs to adapt to its future business scope and business model," Suning said in a filing with the Shenzhen Stock Exchange late Tuesday.

Last month, the retail giant released its sales revenue for last year, which hit 18 billion yuan ($2.9 billion), up 211 percent year-on-year.

Sales of the company's e-commerce unit reached 1.5 billion yuan in 2012, while sales at Redbaby — its online platform for maternal and infant goods — reached 1.62 billion yuan.


Related Readings

Suning to ring in the changes with telecom sector move

Suning doubled its sales in 2012

Suning to apply for virtual network operator license

Suning has big plans for high-end chain store


Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349