Suning Plans $7.7B Fund To Expand And Invest Overseas

shopping copySuning Commerce Group, one of China's largest electronics retailers, plans to create a separate investment arm seeking to raise as much as RMB50 billion (US$7.7 billion) within five years. The Nanjing-based Suning is also establishing two separate investment funds each targeting RMB2 billion by the end of this year. One fund will focus on investing […]


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