Related News
Suning Yigou aims for 10-fold online retail rise by 2020
By Ding Yining |
July 5, 2012, Thursday
|
Online Edition
Online Edition
SUNING Yigou, the online arm of the country's largest home appliances retailer, today signed a contract with more than 1,000 suppliers to increase its product inventory as it strives for a bigger share in the online retail sector.
Yigou said it expects its online sales to grow 10 times to 300 billion yuan (US$47.6 billion) by 2020. Its online retail revenue is estimated at about 30 billion yuan this year.
Yigou will allow its suppliers, including dealers of apparels, books and other consumer goods, to open stores on Suning.com and use Yigou's existing delivery and payment systems to save costs.
Li Bin, executive vice president of Yigou, said Yigou will establish 60 regional logistics centers by 2015 to let online shoppers receive their goods faster.
Yigou is a crucial platform for Suning to increase product categories beyond home appliances and electronics, said Suning vice chairman Sun Weimin.
Suning currently has around 1,800 physical stores in the country and the number of offline pickup points will double by 2020, Li said.
Yigou said it expects its online sales to grow 10 times to 300 billion yuan (US$47.6 billion) by 2020. Its online retail revenue is estimated at about 30 billion yuan this year.
Yigou will allow its suppliers, including dealers of apparels, books and other consumer goods, to open stores on Suning.com and use Yigou's existing delivery and payment systems to save costs.
Li Bin, executive vice president of Yigou, said Yigou will establish 60 regional logistics centers by 2015 to let online shoppers receive their goods faster.
Yigou is a crucial platform for Suning to increase product categories beyond home appliances and electronics, said Suning vice chairman Sun Weimin.
Suning currently has around 1,800 physical stores in the country and the number of offline pickup points will double by 2020, Li said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
