Explore popular quotes and sayings by a Chinese businessman Zhang Jindong.
Last updated on November 21, 2024.
Zhang Jindong is a Chinese billionaire entrepreneur. He is one of the founders and the current honorary chairman of the Suning.com, headquartered in Nanjing, Jiangsu Province. He also owned 100% stake in Suning Holdings Group, 65% stake in Suning Real Estate as well as 48.1% stake in Suning Appliance Group as the second largest shareholder. His company also holds the majority of shares of Italian football club Inter Milan.
Best Buy is just too Western! They do not stock enough Chinese brands, and Chinese people do not want to buy foreign brands.
We don't believe the market can be dominated by one company in e-commerce in China - namely Alibaba. The Chinese market is very wide and deep, with a huge population.
Best Buy went and hired a lot of Shanghai staff, but went and westernised them. They only work eight hours a day!
Suning from a management concept and technology point of view isn't simply an appliance company.
China has the best opportunities. A domestic market with 1.3bn people will help create more Fortune 500 retailers.
Suning Appliance has no problem of financial risk. Do you think I'm risky? I'm definitely not risky.
When I started selling air conditioners early on, customers were willing to pay an extra 200 yuan to buy from Suning. Why? Service was good.
In business, every phase of things counts. Companies that just yell out a low price today to win business aren't going to make money in the long term.