Suning Invests In Eight Days To Tap Into Post-95 Consumers

Startup Eight Days (8天在线) has revealed a series C of undisclosed size led by Chinese retailer Suning. The online grocery delivery company made the announcement on Wednesday at a conference held in Suzhou.

Eight Days targets university students, delivering a range of products including groceries, midnight snacks, and even laptops. The company also operates offline convenience stores inside university campuses in China. Currently there are more than 100 convenience stores in Suzhou, and the company wants to increase that number to 500 in Suzhou and Nanjing by the end of 2016.

Suning’s strategic investment in Eight Days is built on synergies between the retailer’s goods and Eight days’ electronics business. Suning is hoping to tap their market of university students and build brand loyalty that lasts after graduation.

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