Ali's 28.3 billion yuan strategic investment in Suning became the second largest shareholder

on the afternoon of August 10, Alibaba and Suning Cloud Merchants announced a strategic cooperationAlibaba Group will invest about Rmb28.3bn in Suning Cloud Merchant's non-public offering, accounting for 19.99 per cent of the total share capital after the issue, making it sunning cloud merchant's second largest shareholderMeanwhile, Suning Cloud Merchants will buy no more than 27.8 million new shares of Alibaba for Rmb14bnMiM
It is understood that Alibaba's share price on SuningCloud is 15.23 yuan, which is about 10.44 percent higher than Suning Cloud's closing price of 13.79 before the suspensionAfter the deal is completed, Suning is expected to own 1.09 percent of AlibabaMiM
Alibaba Group Chairman Jack Ma said that more than a decade, e-commerce from scratch, from small to large, the next 30 years, e-commerce will be from big to small, from there to nothing"In an age like this, we can't pursue being a big company that makes money, and the monopoly mentality will lose the opportunity that history has given us to our generation." We must participate in and promote new business services, new business partnerships, new business ecosystems, and the economic infrastructure of the future societyOnly in this way can we ensure that the Yangtze River after the waves, to ensure that the creation of innovative ideas everywhere, endless," Ma saidMiM
After signing the strategic agreement, Alibaba and Suning Cloud Merchants will integrate resources from both sides, using big data, Internet of Things, mobile applications, financial payments and other means to create O2O mobile application products: the two sides will try to open online and offline channels, Suning Cloud Merchants nationwide more than 1600 offline stores, 5000 after-sales service outlets and service stations in four or five cities will be seamlessly connected with Alibaba's online systemMiM
Alibaba Group CEO Zhang Yong (Yu Yaozi) in the internal letter mentioned two points:MiM1, Suning's 3C home appliancecategors will form a combination with Tmall Electric City, Suning offline distribution and installation service system will be a rookie partner, service Taobao, Tmall consumers and merchants;MiM
2, to work with partners to help all walks of life, through the Internet tools, optimize the production process, reduce channel costs, establish a new way to connect consumersMiM
Data show that up to now, Suning Logistics has 4.52 million square meters of storage area, 8 national aviation hubs, 49 regional logistics centers, the future Suning Logistics will become a rookie network partner, after the cooperation of logistics covering almost all 2,800 districts and counties nationwide, services Alibaba and Suning, the future is also expected to open to third partiesMiMon the afternoon of August 10, Alibaba and Suning Cloud Merchants announced a strategic cooperationAlibaba Group will invest about Rmb28.3bn in Suning Cloud Merchant's non-public offering, accounting for 19.99 per cent of the total share capital after the issue, making it sunning cloud merchant's second largest shareholderMeanwhile, Suning Cloud Merchants will buy no more than 27.8 million new shares of Alibaba for Rmb14bnMiM
It is understood that Alibaba's share price on SuningCloud is 15.23 yuan, which is about 10.44 percent higher than Suning Cloud's closing price of 13.79 before the suspension After the deal is completed, Suning is expected to own 1.09 percent of Alibaba MiM
　　Alibaba Group Chairman Jack Ma said that more than a decade, e-commerce from scratch, from small to large, the next 30 years, e-commerce will be from big to small, from there to nothing "In an age like this, we can't pursue being a big company that makes money, and the monopoly mentality will lose the opportunity that history has given us to our generation." We must participate in and promote new business services, new business partnerships, new business ecosystems, and the economic infrastructure of the future society Only in this way can we ensure that the Yangtze River after the waves, to ensure that the creation of innovative ideas everywhere, endless," Ma said MiM
　　After signing the strategic agreement, Alibaba and Suning Cloud Merchants will integrate resources from both sides, using big data, Internet of Things, mobile applications, financial payments and other means to create O2O mobile application products: the two sides will try to open online and offline channels, Suning Cloud Merchants nationwide more than 1600 offline stores, 5000 after-sales service outlets and service stations in four or five cities will be seamlessly connected with Alibaba's online system MiM
　　Alibaba Group CEO Zhang Yong (Yu Yaozi) in the internal letter mentioned two points: MiM 1, Suning's 3C home appliancecategors will form a combination with Tmall Electric City, Suning offline distribution and installation service system will be a rookie partner, service Taobao, Tmall consumers and merchants; MiM
　　2, to work with partners to help all walks of life, through the Internet tools, optimize the production process, reduce channel costs, establish a new way to connect consumers MiM
　　Data show that up to now, Suning Logistics has 4.52 million square meters of storage area, 8 national aviation hubs, 49 regional logistics centers, the future Suning Logistics will become a rookie network partner, after the cooperation of logistics covering almost all 2,800 districts and counties nationwide, services Alibaba and Suning, the future is also expected to open to third parties MiM