Suning established eight direct independent companies

February 21 News, Suning in the just concluded the spring deployment meeting, the company structure adjustment, set up eight directly under the independent company. Suning published the 6 which has been set up, the remaining two are still in preparation for the establishment of the first.

6 directly affiliated companies, including previously acquired companies, and newly established companies, respectively, are:

Red Children: 2012 Suning to 66 million U.S. dollars wholly-owned acquisition of Red children, after the Red children fully merged into the company to become a mother and child business department. Suning This adjustment of the original maternity and Infant cosmetics Division, set up an independent red child company, plans in the last year out of two red child entity shop based on the new open 8 stores.

PPLive: Suning December 30, 2013 completed the acquisition of PPLive, possession of pptv44% equity.

Full network: October 2013 Suning 5 million U.S. dollars to buy a fully-owned network, January 27, 2014 announced the total acquisition of the net, and integration for the Suning local life division.

The new telecommunications, logistics and financial companies are set up to expedite the construction of O2O entrances and provide logistics and capital flow services to consumers, suppliers and open platform merchants.

It is worth mentioning that suning in the financial aspects of the movement frequently, first launched the balance of wealth management products, "small Change Treasure", recently obtained the first insurance agent license, the "public finance" products will also be in the near future.

In addition, Suning set up a line under the fusion of the big "operating headquarters", both under the line of the entity store chain platform operating headquarters, but also responsible for online suning easy to buy e-commerce operations, Li bin as the person in charge. Earlier, Suning set up a commodity operations headquarters.