November 11 -- Suning Appliance (002024.SZ) announced it will cooperate with IBM in e-commerce development, reports yicai.com. IBM will build a global e-commercial center in Nanjing which will help Suning set up an e-commerce team of 15,000 employees over three to five years.

Suning chairman Zhang Jindong says the company will focus on technical development of e-commerce over the next 10 years.

Source:CapitalVue