Alibaba
Alibaba Group was founded in 1999 by 18 people led by Jack Ma in Hangzhou, capital of east China's Zhejiang Province. The company got listed on the New York Stock Exchange in September 2014.
Alibaba Group's major businesses include:
- Taobao.com, China's most visited customer-to-customer (C2C) online shopping website
- Tmall.com, China's leading online business-to-customer (B2C) mall
- Juhuasuan.com, China's most popular online group buying marketplace
- Alibaba.com, a leading global wholesale business-to-business (B2B) platform
- AliExpress.com, a popular international e-marketplace for consumers
- 1688.com, a leading online wholesale marketplace
- Alimama.com, a leading online marketing technology platform
- Ant Financial Services Group, a financial service provider focused on serving small and micro enterprises and consumers, with Alipay.com, a leading provider of online and mobile payment solutions in China, being its subsidiary company
- Cainiao Logistics, the operator of a logistics information platform
- Alibaba Cloud Computing (Aliyun.com), a developer of platforms for cloud computing and data management
(Source: Alibaba Group)
Suning
Suning Commerce was founded in 1990 by Zhang Jindong in Nanjing, capital of east China's Jiangsu Province. Originally an air conditioner seller, it has expanded to become a home appliance chain store and further to become a comprehensive online retailer.
In July 2004, Suning Commerce listed on the Shenzhen Stock Exchange. In 2009, it acquired 27.36 percent of LAOX Co. to become the largest shareholder of the time-honored Japanese electric appliance chain business.
By the end of 2014, Suning Commerce had a total of 1,696 chain stores, with 1,650 on the Chinese mainland, 29 in Hong Kong and Macao, and 17 in Japan.
(Source: Suning Commerce)
