China's Suning, IBM to build largest e-commerce platform

It will be a multi-billion-yuan business supported by advanced IT, efficient logistics, supply chain management

PTI | November 14, 2011



China's leading consumer electronics retailer, the Suning Appliance Co, today announced a tie-up with IT giant IBM to build the world's largest e-commerce platform.

The two companies have signed a deal to built the e-commerce platform in Nanjing city, the capital city of the eastern province of Jiangsu.

The platform will be a multi-billion-yuan business supported by advanced information technology and efficient logistics and supply chain management, benefiting both consumers and suppliers, Zhang Jindong, Suning's Board Chairman said.

"The two companies hope to lead the global retail industry by establishing a partnership and making full use of Suning's industry experience and IBM's technology," according to Frank Kern, IBM's senior Vice President.

Suning and IBM have been working together since 2005.

They jointly launched an enterprise resource planning system for Suning in 2006.

Comments

 

Other News

Income Tax dept holds Ghatkopar Outreach on new IT Act

The Income Tax Department organised an outreach programme in Ghatkopar, Mumbai, to raise awareness about the key features of the Income Tax Act, 2025, effective April 1, 2026. The initiative is part of a nationwide effort to promote taxpayer awareness, simplify compliance, and strengthen a transparent, eff

Making AI work where governance is closest to people

India’s next governance leap may not solely come from digitisation. It will come from making public systems more intelligent, more adaptive, and more responsive to the dynamics at the grassroots. That opportunity is especially significant at the panchayat level, where governance is not an abstract po

Borrowing troubles: How small loans are quietly trapping youth

A silent crisis is playing out in the pocket of young India, not in stock markets or government treasuries, but in smartphones of college students and first-jobbers who clicked on the Apply Now button without reading the small print.  A decade ago, to take a loan, you had to do some paperwor

A 19th-century pilgrim’s progress

The Travels of a Sadhu in the Himalayas By Jaladhar Sen (Translated by Somdatta Mandal) Speaking Tiger Books, 259 pages, ₹499.00  

India faces critical shortage of skin donors amid rising burn cases

India reports nearly 70 lakh burn injury cases every year, resulting in approximately 1.4 lakh deaths annually. Experts estimate that up to 50% of these lives could be saved with adequate access to skin donations.   A significant concern is that around 70% of burn victims fall wi

Not just politics, let`s discuss policies too

Why public policy matters Most days, India`s loudest debates stop at the ballot box. We can name every major leader and recall every campaign slogan. Still, far fewer of us can explain why a widow`s pension is delayed or how a government school`s budget is actually approved. That


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter