Suning Yicaiyun: Procurement units and orders grew by 70% and 39% in the first half of the year
Suning Yicaiyun has announced its expansion into the industrial goods sector with the launch of its own brand, "Kuborui." The company has seen significant growth in the first half of the year, with a 70% increase in procurement units and a 39% rise in orders. This expansion is particularly strong in industries such as transportation, technology, and energy, where it has achieved over 85% year-on-year growth. AI
IMPACT Expansion into industrial goods by a major e-commerce platform could streamline B2B procurement and logistics.