Zhang Jindong Quotes

China, Entrepreneur
January 1, 1963

Zhang Jindong (born March 1963), is a Chinese entrepreneur. He is one the founder and current largest shareholder of the Suning.com, headquartered in Nanjing, Jiangsu Province. He also owned 100% stake in Suning Holdings Group, 65% stake in Suning Real Estate as well as 48.1% stake in Suning Appliance Group as the second largest shareholder.

Also known as Businessperson

Suning Appliance has no problem of financial risk. Do you think I'm risky? I'm definitely not risky.

Zhang Jindong
- Problem
- Risk
- Financial
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.

Zhang Jindong
- Good
- Why
- Air

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.

Zhang Jindong
- Long
- Money
- Business
China has the best opportunities. A domestic market with 1.3bn people will help create more Fortune 500 retailers.

Zhang Jindong
- People
- Help
- Best
Best Buy is just too Western! They do not stock enough Chinese brands, and Chinese people do not want to buy foreign brands.

Zhang Jindong
- People
- Want
- Best
Suning from a management concept and technology point of view isn't simply an appliance company.

Zhang Jindong
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.

Zhang Jindong
- Believe
- Deep
- Chinese
Best Buy went and hired a lot of Shanghai staff, but went and westernised them. They only work eight hours a day!

Zhang Jindong
- Work
- Day
- Best