Suning.com, Vancl Form Comprehensive Partnership

Sohu IT, 11/02/12

Li Bin, VP of Chinese consumer electronics and home appliances retailer Suning's (002024.SZ) Suning.com B2C platform, today announced that Suning.com will cooperate with B2C clothing website Vancl in a number of areas beyond product sales, including service, management, marketing, and logistics. Suning may also assist Vancl in implementing dual online-offline sales.

Industry rumors yesterday claimed Suning.com is in discussions to acquire Vancl, but Vancl has denied the rumors.

Editor's Note: For more background on this topic, please see "Vancl, Lafaso Join Suning.com" MD 10/22/12 issue.

Keywords: consumer electronics Vancl Internet B2C Suning home appliances 002024.SZ Li Bin apparel M&A Suning Yigou e-commerce

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