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Suning.com
Suning.com Co., Ltd. formerly Suning Commerce Group Co., Ltd. is one of the largest non-government retailers in China, headquartered in Nanjing, Jiangsu Province. Suning has more than 10,000 stores nationwide and its e-commerce platform, ''Suning.com'' ranks among top three Chinese B2C companies. The operation categories include physical merchandise, such as home appliances, 3C products, books, general merchandise, household commodities, cosmetics and baby care products, content products and service merchandise with the total number of SKU exceeding 3 million. It was listed on the Shenzhen Stock Exchange in 2004. In 2021, Suning.com ranked at 328th on the Fortune Global 500 list. Suning.com is ranked 9th on the list of the 15 ''Fastest Growing Ecommerce Companies'' in 2020 according to a report published by the international finance website "Insider Monkey", and ranked 2nd in "Total Online Retail Sales" in China. Business areas Suning Commerce Group Co., Ltd. principally oper ...
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Suning Holdings Group
Suning Holdings Group Co., Ltd. () is a Chinese privately held company. The company shared the same founder Zhang Jindong with the listed company Suning.com, but Suning Holdings was the unlisted portion of Zhang's unincorporated Suning Group. According to All-China Federation of Industry and Commerce, Suning Holdings Group was ranked as the second largest civilian-run enterprise in the Mainland China in 2018. The holding company is also famous for the acquisition of Inter Milan. Suning Holdings, as of 2016, owned an equity stake of 3.33% in Suning.com, formerly known as Suning Commerce Group () and Suning Appliance (). Those companies also shared almost the same name with sister company Suning Appliance Group (), which Zhang owned 48.10% stake as the second largest shareholder. As at 31 December 2016 Suning Appliance Group was the second largest shareholder of Suning.com, after Zhang. Suning Appliance Group was owned by ex-senior staff of Suning.com (including Zhang himself) as ...
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Zhang Jindong
Zhang Jindong (; born March 1963) is a Chinese billionaire entrepreneur. He is one of the founders and the current honorary chairman of the Suning.com, headquartered in Nanjing, Jiangsu Province. He also owned 100% stake in Suning Holdings Group, 65% stake in Suning Real Estate as well as 48.1% stake in Suning Appliance Group as the second largest shareholder. His company also holds the majority of shares of Italian football club Inter Milan. He was also the managing director and general manager of Suning Holdings Group, chairman of Suning.com. Biography Zhang Jindong was born in Tianchang, Anhui Province in 1963. He graduated from Chinese department at Nanjing Normal University. Zhang Jindong together with his older brother Zhang Guiping () opened a shop on Ninghai Road () corner Jiangsu Road in Nanjing, selling air conditioning and related products in 1990. The brand Suning came from choosing one word each from Jiang-su and Ning-hai; the roads themselves were named afte ...
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Suning Appliance Group Co
Suning may refer to: * Suning.com, a Chinese retailer, originally corner Jiangsu Road and Ninghai Road, co-founded by Zhang Jindong, was known as Suning Appliance Co., Ltd. and Suning Commerce Group Co., Ltd. * Suning Holdings Group, the fourth largest shareholder of Suning.com, a wholly owned subsidiary of Zhang Jindong, a conglomerate * Suning Appliance Group, the second largest shareholder of Suning.com, a real estate and holding company whose majority owners include Zhang Jindong ** Jiangsu F.C., a defunct football club once owned by Suning Appliance Group Co., Ltd. * Suning Real Estate, a Chinese real estate company owned by Zhang Jindong * Suning Universal, a Chinese real estate company, chaired by the elder brother of the co-founder of Suning.com, Zhang Guiping * Suning (esports), a Chinese professional esports organization *Suning County, Hebei See also * Suning Plaza (other) * Nanjing Olympic Suning Tower * Su Ning, Chinese army officer * Suining Suining (; ...
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Suning Appliance Group
Suning Appliance Group Co., Ltd. () is a Chinese holding company that is the third largest shareholder of Suning.com, Suning Appliance (also known as Suning Domestic Appliance in 1996, Suning Appliance Chain Store (Group) in 2001, Suning Commerce Group from 2013 to 2018, and Suning.com now), after Zhang Jindong (founder of Suning) and Alibaba Group. The company was formerly known as Jiangsu Suning Appliance Co., Ltd. () and Jiangsu Suning Appliance Group Co., Ltd. (). History As at 2002, Jiangsu Suning Appliance Group Co., Ltd. was owned by the ex-senior staff of Suning Appliance Co., Ltd., namely Liu Xiaomeng, Zhang Jindong, Sun Weimin ( , CEO of Suning) and Chen Jinfeng () for 42%, 28%, 18% and 12% stake respectively. The company owned several real estate and leased to Suning Domestic Appliance. When Suning Domestic Appliance was listed in Shenzhen Stock Exchange, Jiangsu Suning Appliance Group owned 18.29% stake. In 2009 the Chinese name of the company was changed from Jiangs ...
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PPTV
PPTV () is a Chinese video streaming website. Its predecessor, PPLive, was peer-to-peer streaming video freeware created at the Huazhong University of Science and Technology in Wuhan, Hubei Province. The group of companies that runs the website was headed by Cayman Islands-incorporated offshore company PPLive Corporation. However, the actual operations were mainly carried out by Shanghai SynaCast Media Tech Co., Ltd. (). History A 68.08% stake of the parent company of PPTV, PPLive Corporation, was acquired by Chinese blue chip listed company Suning Commerce Group (now known as Suning.com) in 2013–14. However, the stake was re-sold to Suning.com's largest shareholder, Zhang Jindong's Suning Holdings Group in 2015, for . TV rights PPTV owns the following football broadcasting rights in China: *International Champions Cup *UEFA **UEFA National Team Home Friendlies (2018–2022) **UEFA Champions League (2018–2022) **UEFA Europa League (2018–2022) **UEFA Super Cup (20 ...
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Nanjing
Nanjing (; , Mandarin pronunciation: ), alternately romanized as Nanking, is the capital of Jiangsu province of the People's Republic of China. It is a sub-provincial city, a megacity, and the second largest city in the East China region. The city has 11 districts, an administrative area of , and a total recorded population of 9,314,685 . Situated in the Yangtze River Delta region, Nanjing has a prominent place in Chinese history and culture, having served as the capital of various Chinese dynasties, kingdoms and republican governments dating from the 3rd century to 1949, and has thus long been a major center of culture, education, research, politics, economy, transport networks and tourism, being the home to one of the world's largest inland ports. The city is also one of the fifteen sub-provincial cities in the People's Republic of China's administrative structure, enjoying jurisdictional and economic autonomy only slightly less than that of a province. Nanjing has be ...
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Wanda Group
Wanda Group (), or the Dalian Wanda Group (), is a Chinese multinational conglomerate founded in Dalian, Liaoning and headquartered in Beijing. It is a private property developer and owner of Wanda Cinemas and the Hoyts Group. With investments within Mainland China and globally, the Dalian Wanda group has investments across many industries including construction, entertainment, media, industrial manufacturing, financial services, high technology, hospitality, real estate, retail, healthcare, and sports. It ranked 380th on the Fortune Global 500 List in 2017. Also in 2017, its assets amounted to 700 billion yuan and an annual revenue 227.4 billion yuan ($35.29 billion). Wanda Cultural Industry Group is one of China's cultural enterprises, includes movie theaters as well as sports and film production assets, and contributed 28% or $10.85 billion to overall revenue. Wanda Group ranks 28th on the 2020 China Top 500 Private Enterprises List. History The company was founded ...
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Carrefour
Carrefour () is a French multinational retail and wholesaling corporation headquartered in Massy, France. The eighth-largest retailer in the world by revenue, it operates a chain of hypermarkets, groceries stores and convenience stores, which as of December 2021, comprises its 13,894 stores in over 30 countries. History The first Carrefour shop (not a hypermarket) opened in 1960, within suburban Annecy, near a crossroads (hence the name, ''carrefour'' means ''crossroads'' in French). The group was created in 1958 by Marcel Fournier, Denis Defforey and Jacques Defforey, who attended and were influenced by several seminars in the United States led by "the Pope of retail" Bernardo Trujillo. The Carrefour group was the first in Europe to open a hypermarket, a large supermarket, and a department store under the same roof. They opened their first hypermarket on 15 June 1963 in Sainte-Geneviève-des-Bois, near Paris. In April 1976, Carrefour launched a private label ''Produits ...
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Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ...
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Supercomputer
A supercomputer is a computer with a high level of performance as compared to a general-purpose computer. The performance of a supercomputer is commonly measured in floating-point operations per second ( FLOPS) instead of million instructions per second (MIPS). Since 2017, there have existed supercomputers which can perform over 1017 FLOPS (a hundred quadrillion FLOPS, 100 petaFLOPS or 100 PFLOPS). For comparison, a desktop computer has performance in the range of hundreds of gigaFLOPS (1011) to tens of teraFLOPS (1013). Since November 2017, all of the world's fastest 500 supercomputers run on Linux-based operating systems. Additional research is being conducted in the United States, the European Union, Taiwan, Japan, and China to build faster, more powerful and technologically superior exascale supercomputers. Supercomputers play an important role in the field of computational science, and are used for a wide range of computationally intensive tasks in var ...
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Online Banking
Online banking, also known as internet banking, web banking or home banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in addition to or in place of traditional branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a branch network and offers greater convenience to some customers by lessening the need to visit a branch bank as well as the convenience of being able to perform banking transactions even when branches are closed. Internet banking provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts, and mak ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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