wanda

Retail Asia18/02/2019

Suning.com, the Fortune Global 500 retailer owned by Suning Holdings Group, one of the largest commercial enterprises in China, recently announced the establishment of its Department Store Group. It will focus on professional operations of fashion department store business to strengthen its full-scenarios development in online-and-offline smart retail and improve the shoppers’ experience. The Company […]

Retail Asia19/12/2018

Swedish designer brand Nome has launched a new store at Guangzhou Baiyun Wanda. The brand plans to open more than 300 stores in China’s most central shopping centres within a year, with a projected total turnover of more than RMB2 billion (US$290.6 million). In the next three to five years, Nome plans more than 2000 […]

Retail Asia05/06/2018

Dalian Wanda Group and Tencent Holdings Ltd will join forces to set up an internet technology firm, strengthening their position in retail. Dalian Wanda, which Is the largest property developer in China, will own 51% of the venture and Tencent 42.48%, with the remaining 6.52% going to Gaopeng, a joint venture between Groupon and Tencent. […]

Retail Asia22/01/2018

Dalian Wanda Group, the largest mall owner in China, posted a 10.8 percent decline in revenue for 2017 — making it the second year in a row the retailer reported a drop. Wanda explained its performance of only about $35 billion in revenue as being due to selling off its cultural and tourism holdings, reported […]

Retail Asia30/05/2017

Wanda Group, one of the Fortune Global 500 List companies, is tapping into the resources of Microsoft Accelerator to enable the next wave of digital transformation of the retail industry and commercial properties in China. For the past four and a half years, Microsoft Beijing Accelerator has accelerated 140 startups in China with alumni in […]

Retail Asia26/02/2016

South Korea’s apparel brand Eland recently signed an agreement with China’s Wanda Group to establish a tourism joint venture in South Korea. This is reportedly the first cooperating result of the two parties since they signed their leisure industry investment agreement in June 2014. According to the agreement, Eland and Wanda will each hold a […]

Retail Asia01/07/2015

The founder of Chinese retail, property and entertainment powerhouse Wanda Group says he plans to invest in more globally recognised sports clubs. Wang Jianlin, chairman of Wanda Group, ranked China’s richest man by Bloomberg with assets of $42.1 billion, bought 20 per cent of Spanish football club Atletico Madrid in April for euro 45 million. […]

Retail Asia25/06/2015

Chinese language property developer Dalian Wanda Group has raised US$807 million by way of a crowdfunding app which might be used to spend money on 5 new Wanda Plaza buying malls. The Wanda crowdfunding app ‘Secure earner No 1’ is the corporate’s first foray into web finance. It raised 5 billion RMB in simply three […]

Retail Asia19/01/2015

China’s Dalian Wanda Commercial Properties Co said on Wednesday four investors have agreed to contribute CNY24 billion yuan (USD3.9 billion) over the coming two years as the first tranche of funding to build around 20 shopping malls.

Tag: wanda

Suning develops omnichannel smart retail through Wanda department stores

Nome Sweden revealed massive expansion plan in China

Wanda and Tencent join forces for omnichannel retail

China’s biggest retail owner posted declining revenue, again

Wanda Partners With Microsoft Accelerator To Empower Digital Transformation

Korean’s Eland To Build Tourism JV With China’s Wanda

Wanda to invest in more sports clubs

Wanda crowdfunding raises $807m

External investors to finance Wanda Plazas