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Following on the heels of Wal-Mart, Target, Kohl's, Staples, QVC and others, Suning Commerce Group, China's largest electronics retailer, last month opened a retail tech lab in Silicon Valley. Already among China's top three e-commerce players, Suning said its research center in Palo Alto, Calif., will be the first in a series of planned R&D centers in cities throughout the U.S., with others already set for New York and Seattle. The objective is to advance Suning's offline-to-online business model and bolster its back-office capabilities, which include big data, internet search, shopper analytics, cloud capabilities and internet banking.
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- Places:
- China
- Silicon Valley
- U.S.
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