68.08% stake of the parent company of PPTV, Cayman Islands-incorporated PPLive Corporation, was acquired by Shenzhen-based Chinese blue chip listed company Suning Commerce Group (now known as Suning.com) in 2013–14. However, the stake was re-sold to Suning.com's largest shareholder, Zhang Jindong's Suning Holdings Group in 2015, for CN¥2.5879931 billion.
^关于拟出售 PPLive Corporation股权暨关联交易的公告 [Announcement of proposed sales of PPLive Corporation and related-party transaction] (PDF) (Press release) (in Chinese). Suning Commerce Group. 31 October 2015. Retrieved 8 June 2016.