China News Service, November 18th. According to Zhang Jindong, chairman of Suning Holding Group, a company that can withstand the test of time and market, in addition to having the ability to innovate instantaneously, it also needs to be able to withstand time tempering and polishing. Long-lasting endurance, "Only with the ability to continuously create value can an enterprise truly'precipitate' from internal and external risks and uncertainties, and assume the historical mission and social responsibility of a private enterprise."
On the 30th anniversary of Suning’s founding, this “precipitation” was further implemented in the transformation strategy of “smart retail service providers”: with customer service as the purpose, with the refined operation of the industrial ecology as the core, increasing the number of products, logistics, Investment in retail infrastructure such as technology has improved the construction of full-scenario operation capabilities and provided users with a richer and more convenient consumer service experience.
In fact, the enabling value of smart retail has begun to be released.
Since Carrefour joined Suning in September last year, its performance has been improving; Suning.com Retail Cloud opened a total of 2,432 new franchise stores in the first three quarters, achieving a year-on-year increase of 77.5% in sales; Suning.com was a super buyer during Double Eleven. The live broadcast room created more than 800 million GMV, and the total number of orders increased by 7 times. In the capital market, Suning.com bought back bonds with its own funds of 1 billion to protect the interests of investors and boost market confidence.