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Suning controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2021

    Liquidity crisis and pledged-share pressure

    Suning faced intense liquidity and debt pressure after a period of expansion. A Beijing court froze shares held by Zhang Jindong, much of whose stake had reportedly been pledged as collateral, while state-backed investors negotiated a rescue.

  2. 2021

    China National Building Material Information sues Suning over unpaid goods

    Lawsuit filed

    China National Building Material Information stated that it filed a lawsuit against Suning.com Group over alleged unpaid goods, according to a report. The report said the Nanjing Intermediate People's Court had accepted the case. The source does not state when the lawsuit was filed or when it was accepted. No further details on the amount claimed, the parties' responses, or the outcome of the case were provided in the source.

    China National Building Material Information said it sued Suning.com Group over alleged unpaid goods; the report said the Nanjing Intermediate People’s Court had accepted the case. The source does not state when the lawsuit was filed or accepted.

    Source excerpt

    • 因苏宁采购中心拖欠中建材货款,中建材已将苏宁易购集团向法院具状起诉,目前,案件已被江苏省南京市中级法院受理。
  3. 2021

    Suning named in China's 2021 penalty for undeclared acquisitions

    Fine or penalty

    In November 2021, China's State Administration for Market Regulation fined Alibaba, Tencent, Baidu, JD.com and Suning for failing to report 43 corporate acquisitions made over the previous eight years. Each violation carried a penalty of 500,000 yuan. Suning was among the technology companies named in the regulator's action concerning undeclared acquisitions.

    Source excerpt

    • Each violation carries a penalty of 500,000 yuan (€71,000/$80,000).
    • Other companies fined include e-tailers JD.com Inc. and Suning Ltd. and the search engine Baidu Inc.
    • As part of a larger anti-monopoly crackdown, China fined tech giants, including Alibaba Group and Tencent Holdings, for not reporting 43 acquisitions over the past eight years.
  4. 2021

    Gigabyte faces consumer backlash in China over marketing copy

    Public backlash

    Gigabyte faced a consumer boycott in China after its Chinese-language website described Chinese contract manufacturing as low-cost and low-quality and stated that 90% of its notebooks were made in Taiwan. Gigabyte removed the page and apologized, saying the text was inconsistent with the facts and resulted from poor internal management; JD.com and Suning.com were also removing Gigabyte product listings.

    Company response

    • Apology — Gigabyte

      Gigabyte quickly took down the web page and apologized on its China-based website.

    Source excerpt

    • Gigabyte quickly took down the web page and apologized on its China-based website. “A few days ago, part of the text published on our official website was seriously inconsistent with the facts,” Gigabyte said. “It was caused by poor internal management of the company.”
    • Despite the apology, Bloomberg reports that Gigabyte is now facing a boycott from Chinese consumers. The country’s e-commerce providers, JD.com and Suning.com, have also been removing Gigabyte product listings from their sites.
    • The controversy started on Gigabyte’s Chinese-language website, which apparently posted a page touting its “Made in Taiwan” products. “Unlike other brands that’ve chosen low-cost, low-quality contract manufacturing in China, Gigabyte is devoted to creating outstanding, high-quality components and laptop computers,” the page said.