Suning.com - M&A Summary and Business Overview

RetailCompany

Suning.com M&A Summary

Suning.com has acquired 1 company, including 1 in the last 5 years.

Suning.com’s largest acquisition to date was in 2019, when it acquired Carrefour SA - China Business for $699M. The Company’s most targeted sectors include retail (100%).

Suning.com Business Overview

Where is Suning.com headquartered?

Suning.com is headquartered in Nanjing, China.

How many employees does Suning.com have?

Suning.com has 39,031 employees.

What sector is Suning.com in?

Suning.com is a retail company.

When was Suning.com founded?

Suning.com was founded in 1990.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Suning.com

Suning.com Co., Ltd.

No. 1, Suning Avenue, Xuanwu District,
Nanjing,
China,
+86 25 8441 8888
www.suning.com

Suning.com is an online-to-offline (O2O) smart retail company. Suning offers smart retail and O2O, full category operations, omni-channel operations, global expansion, logistics cloud services, data cloud, and financial cloud services, enabling one-stop shopping solutions through bricks-and-mortar stores, PCs, mobile devices and TVs at home. Suning.com was founded in 1990 and is based in Nanjing, China.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
vol $699M $699M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Carrefour SA - China Business 2019-06-23 699M EUR Divestiture
, China
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 1 (100%) 699M (100%) - -
Total 1 $699M - -

By Geo

State/Country Buy Value Sell Value
China 1 699M - -
Total 1 $699M - -

Deal Values

buy # Total
$100M to $1B 1 $699M
TOTAL $699M
Largest Carrefour SA - China Business
$699M (2019-06-23)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Retail

Employees

39,031

Established

1990

Former Name

Suning Commerce Group Co., Ltd.

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