A worker transfers items in preparation for the “Singles‘ Day” shopping festival at a storage facility of Suning in Shenyang in China's northeastern Liaoning province on October 24, 2018. Photo: AFP
A worker transfers items in preparation for the “Singles‘ Day” shopping festival at a storage facility of Suning in Shenyang in China's northeastern Liaoning province on October 24, 2018. Photo: AFP
Retailing

Suning.com sells 23 per cent stake to Shenzhen International and Shenzhen Kunpeng

  • Suning.com shares rise in Shenzhen after the proposed deal was announced
  • Shenzhen International, a logistic and infrastructure facilities operator, said the acquisition would allow more logistic collaboration with Suning.com

A worker transfers items in preparation for the “Singles‘ Day” shopping festival at a storage facility of Suning in Shenyang in China's northeastern Liaoning province on October 24, 2018. Photo: AFP
A worker transfers items in preparation for the “Singles‘ Day” shopping festival at a storage facility of Suning in Shenyang in China's northeastern Liaoning province on October 24, 2018. Photo: AFP
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