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Debt-Ridden Chinese E-Commerce Firm Suning.com Denies Bankruptcy
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Debt-Ridden Chinese E-Commerce Firm Suning.com Denies Bankruptcy

Nov 25, 2022
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Debt-Ridden Chinese E-Commerce Firm Suning.com Denies Bankruptcy
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Debt-Ridden Chinese E-Commerce Firm Suning.com Denies Bankruptcy
(Source: Suning.com)

According to Chinese business data platform Tianyancha, Suning.com and its logistics subsidiary became involved in a bankruptcy review case on November 21, triggering rumors about the e-commerce platform that has been struggling with a persistent debt crisis. This report was later officially denied by the company.

The bankruptcy appli…

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