Taiwan Shin Kong Mitsukoshi was established in 1989. From 1991, when its first outlet began operation, to 2015, by which time it had expanded to 16 shops and 22 centers around Taiwan and continuously held a leading rank on the Top 500 department stores in the service sector for many years according to Common Wealth Magazine, Taiwan. Many business circles where SKM stores stand have witnessed rapid expansion from nothing, local business has prospered and booming businesses have been created.
Through 20 years of operation and development, Shin Kong Place has become one of the most valuable department stores in Taiwan. June 25, 2015, SKM had run stores in Suzhou Park, Jiangsu Province. In the future SKM will solely operate , Shin Kong Place Chengdu and Shin Kong Place Chongqing projects in Wenjiang, Chengdu, Sichuan Province and Yubei District, Chongqing.