Retailers Suning, Dangdang in Collaboration Talks
Domestic home appliance and electronics retailer Suning's (002024.SZ) e-commerce division "Suning e-Gou" (Suning.com) is in talks with Beijing-based business-to-consumer (B2C) e-commerce retailer Dangdang.com (NYSE:DANG) to join forces over purchasing, supply chain resources, warehousing and capital support, Beijing Business Today reported April 28 citing Suning e-Gou General Manager Ling Guosheng.
Earlier reports said Suning expects its e-commerce sales to quadruple y-o-y this year.
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