China's top 7 retailers by sales

30 October 2019 2299

China Daily has published a ranking of the largest Chinese retailers by sales in 2018. Let's take a look at the monsters of China's retail market, whose sales last year exceeded 100 billion yuan, according to a data released by the China General Chamber of Commerce and the China National Commercial Information Center.

1. Tmall

Sales: 2452 billion yuan

Tmall

Tmall is a Chinese business-to-consumer (B2C) online retail platform, operated by Alibaba Group.

2. JD

Sales: 1676.9 billion yuan

JD, headquartered in Beijing, is one of the leaders in the Chinese B2C e-Commerce market. In 2014, the company was listed on the NASDAQ stock exchange and it was the largest offering of the year. JD.com has a Russian division, trading platform JD.ru.

3. Pinduoduo

Sales: 471.6 billion yuan

Pinduoduo

Pinduoduo is a mobile app, allowing shoppers to participate in group buying deals and get discounts. Pinduoduo mobile app was launched in September 2015 and because of to an active advertising campaign quickly gained popularity. The value of Pinduoduo exceeds $ 23 billion.

4. Suning

Sales: 336.76 billion yuan

Suning

Suning is one of the largest non-government retailers in China. The company has a developed network of offline stores and a popular website suning.com, whose range includes not only electronics and household appliances, but also food, household chemicals and other consumer goods. Suning is headquartered in Nanjing, Jiangsu province.

5. Dashang Group

Sales: 300.29 billion yuan

Dashang

The trading group unites more than 400 Department stores and stores in large and medium-sized cities of China. It is headquartered in Dalian, Liaoning province.

6. Gome

Sales: 138.18 billion yuan

Gome

Gome is a leading chain of electronics and home appliances stores. The company is headquartered in Beijing.

7. CR Vanguard

Sales: 101.25 billion yuan

Vanguard

The CR Vanguard supermarket chain is part of the CR Group, which is a state-owned holding group and a Fortune Global 500 listed enterprise. CR also owns several well-known brands such as: Suguo, Ole’, blt, V+, Tesco express, V> nGO.