Other Jingdong Suning Ali intends to invest 1 billion yuan to set up cat Ning electricity supplierPosted by: admin | Posted on: February 28, 2017
the evening of October 18th, Su ningyun announced that a wholly owned subsidiary of Nanjing suning.com and related party China Alibaba intends to jointly invested 1 billion yuan to set up Chongqing cat Ning Agel Ecommerce Ltd (tentative name, referred to as the "cat Ning business"). The Nanjing suning.com invested 510 million yuan, holding the cat Ning electricity supplier 51% stake, Chinese Alibaba invested 490 million yuan, holding 49% stake in the electricity supplier cat ning.
announced that the cat Ning set up electricity supplier after the business forum to company management and operation mode of Su ningyun group (including but not limited to suning.com, red child and Japanese Laox) opened in the Alibaba group on the platform related shops and channels, including but not limited to suning.com Tmall flagship store, more professional and organizational system motivation is more clear, to enhance the Su ningyun group in Tmall’s sales and brand plays a positive role in promoting; through the C2B reverse drive products customized underwriting business development and supply chain management based on the ability, to enhance the service ability of the brands of consumer demand and rapid response capability; cat Ning electricity supplier will innovation O2O operation mode, strengthen the small and medium-sized retailers and consumers to enhance the quality of service.
Su ningyun said that the strategic cooperation with the Alibaba group gradually thorough, the two sides together in their respective users, platforms, goods, services, technology and other aspects of the resources while maintaining the independence of business, service consumers, energy brands, enabling small and medium-sized retailers, innovation in retail industry. In order to make more effective use of the resources of both sides, the company subsidiary and Alibaba China jointly set up a cat Ning electricity supplier.
in August 10th last year, the Alibaba group announced the non-public offering of investment of about 28 billion 300 million yuan in the Su ningyun group, accounting for 19.99% of the total issued share capital, became the second largest shareholder. Meanwhile, Su Ningyun to 14 billion yuan to subscribe for not more than 27 million 800 thousand shares of the newly issued shares of Alibaba.