January 26 News, according to people familiar with the matter, Suningyun and full network has reached a takeover agreement, but the specific purchase price has not been disclosed. According to the agreement, Suning Holdings Net, and to the founder to retain a minority stake of not more than 20%.
The full network will remain independent as a subsidiary of Suning and retain the full brand. At present, the handover is in progress, the company all staff transferred to Suning's new company, the latest will be completed at the end of March 2014 work handover.
By the end of the press, Suning has not yet made a formal response to this message.
October 2013, Suning and Hong Yi Investment joint Investment, trading scale of 420 million U.S. dollars, accounting for pplive shares of 44%, become the first major shareholder.
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