Suning.Com Co Ltd
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Suning.Com Co Ltd
Revenue
Suning.Com Co Ltd
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Suning.Com Co Ltd
SZSE:002024
|
Revenue
ÂĄ52B
|
CAGR 3-Years
-35%
|
CAGR 5-Years
-28%
|
CAGR 10-Years
-7%
|
||
Smart Share Global Ltd
NASDAQ:EM
|
Revenue
ÂĄ3B
|
CAGR 3-Years
2%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Beijing Digital Telecom Co Ltd
HKEX:6188
|
Revenue
ÂĄ17.5B
|
CAGR 3-Years
10%
|
CAGR 5-Years
4%
|
CAGR 10-Years
N/A
|
||
Gome Telecom Equipment Co Ltd
SSE:600898
|
Revenue
ÂĄ15.9m
|
CAGR 3-Years
-67%
|
CAGR 5-Years
-59%
|
CAGR 10-Years
-33%
|
Suning.Com Co Ltd
Glance View
Suning.com Co Ltd., one of China's retail titans, started its journey in 1990 with humble beginnings as an air conditioner store in Nanjing under the vision of founder Zhang Jindong. Over the decades, it evolved into a comprehensive retail platform that diverged from its initial focus to include a vast array of consumer electronics, appliances, and a multitude of other product categories. The company embraced the digital transformation head-on, shifting its business model to incorporate a blend of online and offline retail. Suning.com's strategy revolves around its "Retail Cloud" which harmonizes online shopping convenience with offline store experiences—leveraging more than 10,000 physical outlets to boost brand visibility and customer engagement. This integration allows the company to cater to the diverse shopping needs of Chinese consumers, providing them with a seamless purchasing journey that merges the digital with the tangible. The financial heartbeat of Suning.com lies in its robust e-commerce platform, which serves as the primary revenue generator. The platform functions as a marketplace where it not only sells its own inventory but also facilitates third-party vendors to reach a broad customer base. By extending services beyond mere product sales, Suning.com enhances its revenue streams through supplementary offerings such as logistics, warehouse management, and after-sales services. Moreover, its diversification into financial services, like consumer credit, has opened new avenues for growth. The company's strategic partnerships, such as its past collaboration with Alibaba, have further positioned it to harness synergies that amplify its market presence. Thus, through a multifaceted approach blending retail, digital innovation, and strategic alliances, Suning.com adeptly manages to thrive in the intensely competitive landscape of Chinese retail.
See Also
What is Suning.Com Co Ltd's Revenue?
Revenue
52B
CNY
Based on the financial report for Sep 30, 2024, Suning.Com Co Ltd's Revenue amounts to 52B CNY.
What is Suning.Com Co Ltd's Revenue growth rate?
Revenue CAGR 10Y
-7%
Over the last year, the Revenue growth was -19%. The average annual Revenue growth rates for Suning.Com Co Ltd have been -35% over the past three years , -28% over the past five years , and -7% over the past ten years .