Suning line Xiayundian will enter Wanda Plaza

Wang Jianlin, chairman of Wanda Group, also expressed the trust of its partners. “It is rare for a company with a level of 100 billion or more to achieve such close cooperation. For any project, the other party has the right to choose.”

In early August, Wang Jianlin and Baidu Chairman Li Yanhong were invited by Zhang Jindong to attend the Zijin Summit in Nanjing and delivered a speech. In the afternoon of the same day, Suning and Ali’s strategic cooperation announced to the public that the “Su million” speculation was lost. However, just a month later, the cooperation between Suning and Wanda also surfaced.

The cooperation between Suning and Wanda does not involve the capital level, and it is mainly for business cooperation.

According to the agreement, Suning's e-commerce cloud stores and other brands will enter Wanda Plaza, which has already opened or is about to open, and the first batch of cooperation projects that the two sides have determined is 40. Starting from 2016, the two sides will determine batch cooperation projects based on the opening of Wanda Plaza. Wanda Commercial can customize the planning and design according to the needs of Suning Cloud Business. Before this, Wanda Commercial has already made adjustments to Wanda Department Store.

Zhang Jindong said that the hottest thing is “Internet+”, and “+” is the real industry. In recent years, Suning and Wanda's retail transformation have been similar.

Wanda Plaza is China's largest offline business platform. By 2015, Wanda Commercial is expected to open 135 Wanda Plazas across the country, with an annual passenger flow of 2 billion passengers; by the year 2020, 500 Wanda Plazas will be opened, and annual passenger flow will exceed 10 billion yuan. People times. According to Wang Jianlin, Wanda opened 26 stores this year, and the number of stores opened in 2016 will double, reaching 55, opening in 2017 to 60 to 70, and will further increase. Suning will obtain stable and sustainable development from cooperation.

Suning Cloud Business has more than 1600 offline physical stores, and online Suning Tesco ranks the top three in the domestic e-commerce platform. Through this cooperation, Wanda has developed a new format. "This new type of business is exactly what Wanda needs for business now," said Wang Jianlin.