Chinese Retail Giant Suning Opens 300 Virtual Reality Experiences In Next 3 Months

Posted: May 30 2016, 1:54am CDT | by , in News | Technology News

Chinese Retail Giant Suning Opens 300 Virtual Reality Experiences in Next 3 Months
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Consumer electronics retailer Suning goes big into VR.

China is embracing virtual reality fast. Tons of startups are surfacing with virtual reality software and hardware. Now one of the largest e-commerce players in China announced to invest big into virtual reality. Suning chairman Zhang Jindong announced at the 2016 China E-Commerce Conference in China plans to open 300 Virtual Reality experiences across China in the next 3 months.

The consumer electronics retailer, is developing a e-commerce virtual reality platform. The company believes that VR will enable new opportunities for new e-commerce models.

The company has not revealed any details about the new VR platform. Three months is a tight schedule for a rollout. The development is likely already underway since a while. Suning is operating an R&D outfit in Palo Alto, Silicon Valley. It is not known if the unit is involved in the development of the Suning VR platform.

Chinese Internet giant Alibaba paid $4.6 billion for a 20% stake in Suning in 2015.

Via HuaHuo.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr () is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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