Aggregated China Travel News



Suning May Acquire Dazhong For RMB3 Billion

Aggregated Source: ChinaRetailNews.com
December 6, 2007|

According to 163.com, Chinese electronics retailer Suning will acquire its competitor Dazhong for RMB3 billion. Suning has reportedly completed the audits surrounding Dazhong's profit-making capabilities and has cleared the account of each of Dazhong's functional departments. According to people who have close contact with the parties, in the first two years after the acquisition, Suning will [...]

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