Who owns Suning Holdings Group?

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Who owns Suning Holdings Group?

Who owns Suning Holdings Group?

Zhang Jindong Suning Holdings Group
Key peopleZhang Jindong (Chairman)
RevenueCN¥665.259 billion (US$104.446 billion, 2020)
OwnerZhang Jindong (100%)
Number of employees300,000 (approx) (2019)
Chinese name

What does Suning com do?

Suning.com Co., Ltd. engages in the provision of internet retail services. It focuses on retail, finance, and logistics three business units.

What happened Suning Group?

Suning confirmed over the weekend that all of its soccer clubs in China will cease operations with immediate effect as it looks to refocus on its core retail business in the country amid reported financial difficulties.

What is Suning worth?

2021 Billionaires NET WORTH Zhang Jindong chairs Suning.com, one of China's largest appliance retailers and e-commerce companies. Suning Sports Media Group received $600 million in A-round financing in 2018 that valued the business at $2.6 billion.

Who is the owner of Inter Milan FC?

Suning Holdings Group Pirelli Football Club Internazionale Milano/Proprietari

Are Inter Milan broke?

Inter Milan have reported a record loss of €245.6 million (£211 million) for the 2020-21 financial year — the biggest loss ever recorded by a Serie A club. Inter had an extremely successful year on the pitch, winning their first Scudetto in 11 years under Antonio Conte.

Why Suning is selling Inter?

Since Suning paid $306 million for a major stake in the Italian club in 2016, Inter has spent big on players and coaches. ... But with the club hemorrhaging money, especially during COVID, Suning has been forced to sell. The New York Times reports that Inter has been forced to defer the salaries of some of its players.

How much did Zhang buy Inter?

In June 2016 his private firm Suning Holdings bought 70% of F.C. Inter Milan for $300 million; his firm also owns 61% of online broadcaster PPTV. Jindong's brother Zhang Guiping is also one of China's richest businesspeople.

How many Serie A has Inter Milan won?

19 Honours
TypeCompetitionTitles
DomesticSerie A19
Coppa Italia7
Supercoppa Italiana5
ContinentalEuropean Cup / UEFA Champions League3

Is Suning Holdings owned by Suning Group?

  • 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.

What is Suning culture investment management company?

  • Suning Culture Investment Management Co., Ltd. ( Chinese: 苏宁文化投资管理有限公司) was another investment vehicle of the group. As of 2015, it was 90% owned by Suning Holdings Group and 10% owned by Chen Yan.

Does Suning own any equity in Suning?

  • Suning Holdings, as of 2016, owned an equity stake of 3.33% in Suning.com, formerly known as Suning Commerce Group ( Chinese: 苏宁云商集团) and Suning Appliance ( Chinese: 苏宁电器股份 ).

Who is the owner of Suning Jinkong?

  • Suning Jinkong. Suning Jinkong (Chinese: 苏宁金控投资有限公司; literally: 'Suning Financial Holding and Investment Co., Ltd.') is an investment vehicle of the group in financial sector. As of 31 December 2016, it was 80% owned by Suning Holdings and 20% owned by Chen Yan.

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