Alibaba Said It Will Open Up A Comprehensive Strategic Cooperation With Suning To Invest In Suning.

After August 10th, Suning cloud business announced that it would not exceed 1 billion 900 million shares in 15.23 yuan / share non-public offering, raising no more than 29 billion 343 million yuan.

The group's Taobao (China) Software Co., Ltd. subscribed for 1 billion 860 million shares, accounting for 19.99% of the total share capital issued, and the subscription amount was 28 billion 343 million yuan, becoming the second largest shareholder.

Anxin Suning's 2 directional asset management plan does not exceed 1 billion yuan to participate in the subscription.

Suning announced its announcement in August 3rd.

On the 8 day, it again announced that it would continue to suspend trading on the 10 opening date and resume trading after publication of relevant announcements.

People familiar with the matter said that the issuance could complement the shortage of Alibaba stores' resources.

Ali said it declined to comment.

Suning said that a press conference will be held in Nanjing headquarters this afternoon, and Ali will also hold a press conference at the same time, which will reveal the answer.

At the same time, sunning Yun will subscribe to Alibaba's new shares of not more than 27 million 800 thousand shares in 14 billion yuan.

The Alibaba said it will open up comprehensive strategic cooperation with Suning, and improve efficiency through online and offline.

Sun Weimin, vice chairman of Suning cloud business, said: "we all agree that we can complement each other and explore the benchmarks and models of O2O together, and strive to do something for Chinese consumers."

From the first half of this year, the development of Suning's Internet retailing has entered a harvest stage.

The innovative cloud shop model has been greatly recognized by consumers, which can increase 8.92% compared to the previous year's stores; the Internet growth is far beyond the industry, and the online growth rate is over 100%.

Suning's supply chain and logistics capabilities are also improving. Its storage area reaches 5 million square meters, reaching 90% in China.

Suning's cooperation with Alibaba will break the scene restrictions, optimize the consumption path, enhance the efficiency of distribution and improve after-sales service, and consumers will enjoy this series of service changes.

"The decisions we have made today will open a new chapter in China's retail business, and better promote the traditional enterprises + Internet, and promote the Internet + traditional enterprises."

Zhang Jindong, chairman of sunning Yun Shang, attended the press conference and said that the cooperation was of global significance.

Alibaba group CEO Zhang Yong said that from today on, business will not be divided by new and old market competition, but because there is me in you, I have you, no business, no electricity, no electricity and no business. It is a mutual embrace between traditional economy and new economy. This is "Internet +", which is also the interconnection of Internet.

It can be imagined that through the complementary advantages of both sides, more and more consumers will be able to get an unprecedented shopping experience. They can enjoy the convenience and fun of online shopping as well as the experience and service of a physical store.

Consumers can choose not only online shopping platforms, but also online stores.

In subsequent commodity distribution O2O links, efficiency will be significantly improved.

With the help of Suning's own distribution system and the advantage of Alibaba's big data and cloud computing, the network's rookie logistics can intelligently customize the best distribution plan, and goods will be delivered within two hours.

Door-to-door installation, repair, replacement and other after-sales service will also become convenient.