Suning Finance Enters Cooperative Agreement with Real Estate Platform


Nanjing-based fintech company Suning Finance has just entered a cooperative agreement with online real estate e-commerce platform

Suning Finance announced on 29 July that it had executed a “comprehensive cooperative agreement” with Leju covering areas including consumer instalment-based financing, Suning Card purchases, financial inclusion, site digitisation and client added-value.

Sun­ing Fi­nance is the fi­nan­cial ser­vices ve­hi­cle of Chi­nese re­tail gi­ant Sun­ Co., Ltd, and bills it­self as “Chi­na’s fi­nan­cial of­fline-to-of­fline (O2O) leader.”

The company has seen over one trillion yuan in annual transactions over the past four years, and has over 80 million card members.

New York-listed Leju Holdings bills itself as China’s leading real estate e-commerce platform, covering over 380 urban centres in China and providing its services to more than 20,000 projects each year.

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