Suning Yigou Posts Strong Half Year Results with Wider Expansion

According to a report by Analysys International, a Beijing-based market research firm, Taobao, 360buy and Joyo (Amazon China) sit in the top of a Q2 2011 B2C transaction volume chart. While Suning Yigou, the online shopping initiative by the Chinese appliance franchise, unexpectedly replaced Dangdang coming in fourth on the same chart.

Excellent Financial Results

Suning Yigou posted over RMB 2.5 billion yuan (US$ 401 million) revenue in the first half of 2011.

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom