Suning
苏宁
Suning is a Chinese retail company founded in 1990, emerging alongside Gome as one of the two dominant home-appliance chains of its era . By 2004 it had reached 91 billion RMB in sales revenue, second only to Gome in the sector . The company appears in elsewhere's corpus primarily as a retail channel partner—Aqara's smart-home products were distributed through Suning, Gome, JD.com and others —and as a corporate investor, having led the C round in sports-media platform Dongqiudi in 2016 . More recently, Suning's governance has shown Alibaba's influence: in 2024, after Alibaba strategic-investment director Hu Xiao stepped down from Suning's board, Alibaba nominated Shen Chen (a strategic investment director who joined in 2018) as her replacement .
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Coverage
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Just want to get this off my chest right now.
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36Kr has learned that Shanghai Feiyue Cloud Technology Co., Ltd. (hereinafter referred to as "Feiyue Cloud") announced today that it has completed a seed funding round. According to the company, this round raised tens of millions of RMB, led by Linear Capital, with AngelPlus following on.
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峰瑞资本·Li Feng Column 14: Why Should We Thank Chinese Manufacturing?
Does Xiaomi or Three Squirrels Need to Build Their Own Factories?
峰瑞资本·Li Xiang × Li Feng: 200 Million New Urban Residents' Consumer Awakening — Who Will "Reap" the Rewards?
Taobao, JD.com, VIP.com, Pinduoduo, and China's Real Estate Sector
峰瑞资本·Aqara Completes B+ Strategic Funding Round, Making Smart Home Technology a Mass-Market Consumer Product
A more complete smart home experience.
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