Suning.Com Revenue In The First Half Of 134 Billion 618 Million Yuan

Yesterday evening, suning.com released the 2019 semi annual performance bulletin. Results show that suning.com's operating income in the first half was 134 billion 618 million yuan, an increase of 21.63% over the same period last year.

The total sales volume of full channel commodities was 184 billion 215 million yuan, an increase of 21.80% over the same period, and a net profit of 2 billion 139 million yuan. Among them, in the two quarter, suning.com's net profit to its mother was 2 billion 3 million yuan.

As of June 30th, the number of registered members of suning.com's retail system amounted to 442 million. As of the end of June 2019, suning.com has altogether owned 7503 self owned and franchised stores, and Suning stores and Diya daily self owned stores totaling 5368.

It is understood that in the supply chain construction, Suning set up five commodity groups early in the year, namely, appliance group, consumer electronics group, fast fading group, fashion department store group, international group, and has acquired Wanda Department store, Carrefour China 80% shares.

At the same time, suning.com has established and improved the supply mode of direct picking and direct picking of fresh commodities. It is reported that Suning has many overseas direct mail warehouses in the United States, Australia, Italy, Germany, Japan and other countries, and will complete the construction of "15+15 warehouse" (15 overseas warehouses and 15 domestic warehouses) by 2020, and complete the whole traceability system construction.

In terms of autonomous products, suning.com has built up the construction of Pan autonomous product ecological chain, forming an Internet strategy single product based on PPTV and small Biu's own brand. At present, Suning small Biu series has many kinds of smart home products, such as air conditioners, refrigerators, water purifier, smart cameras, sweeping machines and so on.

In terms of logistics, finance and other core retail capacity building, as of the end of June, Suning logistics and daily express have warehousing and related supporting area exceeding 10 million square meters, reaching 10 million 900 thousand square meters. In the first half of this year, suning.com put in 46 fresh cold chain stores, covering 218 cities.

In the first half of the year, Suning consumer financial business increased by more than 100% year-on-year, and the supply chain finance business grew by 41.3% over the same period last year, while the number of mobile payment transactions increased by 231% over the same period. As of the end of 2019 6, Suning bank's total assets increased by 68.20% compared with the beginning of the year.