Suning is chain of department stores in China and founded in 1990. Suning is one of the leading commercial enterprises with two public companies in China and Japan respectively.
Suning operates more than 1,600 stores in China and Japan. Its Chinese e-commerce platform Suning.com provides electronic products, home appliances, household commodities, clothing, fashion accessories, office supplies, car parts, financial services, etc.
www.suning.com
The reveal of China e-commerce market was inaugurated a new era of the China’s economy. In 2020, the added value of the digital economy accounted for more than 38% of the China’s GDP. In the same year, nearly a quarter of China’s physical goods retail sales were sold online, far above the global average of 18%.
China contributed to more than half of the world’s e-commerce retail sales in 2021, with the sales value surpassing the combined total of Europe and the United States. Today, China has the largest digital buyer population in the world, amounting to more than 780 million online buyers.
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If you work in the online retail industry, Chinese ecommerce should not be ignored. If you are interested in the Chinese market, we would love to learn about your business. Just write us a message to start.
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Market research in China
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