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Zhang Jindong [1963-0] Chinese
Rank: 101
Businessman


Zhang Jindong, is a Chinese entrepreneur. He is one the founder and the Chairman of the Suning Commerce Group, headquartered in Nanjing, Jiangsu Province. 


QuoteTagsRank
Suning from a management concept and technology point of view isn't simply an appliance company.
101
Suning Appliance has no problem of financial risk. Do you think I'm risky? I'm definitely not risky.
102
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.
103
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.
104
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.
105
Best Buy is just too Western! They do not stock enough Chinese brands, and Chinese people do not want to buy foreign brands.
106
Best Buy went and hired a lot of Shanghai staff, but went and westernised them. They only work eight hours a day!
107
China has the best opportunities. A domestic market with 1.3bn people will help create more Fortune 500 retailers.
108

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