China's Suning signs deal with IBM for e-commerce

China's Suning Appliance Co Ltd, the country's biggest electronics retailer has signed an agreement with IBM to build a multi-billion e-commerce platform, both companies said in a statement on November 11. The platform will be supported by cloud technology, logistics and supply chain management and both companies will pool their human resources to build it.
As part of the tie-up, IBM will build a global e-commerce centre in Nanjing and will help Suning expand it to hire around 715,000 employees in three to five years. China's e-commerce industry is booming.