Debt-laden Suning taps Alibaba supermarket boss as next chair

Inter Milan soccer club owner seeks know-how to fix struggling retail business

20210730N Suning Singles Day

Employees scan parcels at a Suning.com facility. The company's retail business has struggled amid the pandemic. © Reuters

NAOKI MATSUDA, Nikkei staff writer

SHANGHAI -- Suning.com has named the former head of an Alibaba Group Holding-owned supermarket chain as its new chairman after founder Zhang Jindong stepped down from the helm of the troubled Chinese retail group.

Peter Huang Ming-tuan, now a director at Sun Art Retail Group, replaces interim Chairman Ren Jun, a longtime Suning executive. Zhang stays on as honorary chairman.

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