Dalian Wanda’s Wang Jianlin this year regained his spot on top of a list of China’s wealthiest people, with the country’s ten richest real estate tycoons boasting total assets of nearly $74 billion, according to the annual Forbes China Rich… Read More>>
Suning Signs Deal to Open 40 Shops in Wanda Malls
Two of China’s retail giants surprised the market today with the announcement of cooperation agreement the calls for electronics seller Suning to open 40 new shops in Dalian Wanda’s malls in the next four months.
The two companies indicated that… Read More>>
Improving Sales Lift Outlook for Biggest Chinese Developers
China’s listed property developers are issuing their financial results for the first half of 2015, and the reports show an industry continuing to consolidate, even as the housing market rebounds.
With more than 60 property firms having reported on their… Read More>>
Wanda Plans $1.9 Bil Mainland Share Sale Despite Downturn
Dalian Wanda Commercial Properties, the real estate developer controlled by Asia’s richest man, has repeatedly surprised markets with its willingness to take on billion dollar investments across multiple continents since its December IPO.
Now Wang Jianlin’s Hong Kong-listed firm has… Read More>>
Wanda Launching Online Investment Product to Fund 900 New Malls
China’s biggest mall developer is planning to build 900 more shopping centres in the next ten years, and Dalian Wanda is turning to the country’s netizens to fund this ten-fold expansion of its retail empire.
Wang Jianlin, who heads Dalian… Read More>>
Wanda Testing New O2O Platform with Tencent, Baidu
The head of one of the world’s biggest mall developers boldly stepped into the online world this month when Wang Jianlin of China’s Dalian Wanda Group began testing out his company’s new online-to-offline (O2O) retail platform.
The service, driven by the… Read More>>
Jack Ma’s Big Mouth Helps Make Wang Jianlin China’s Richest Man
Alibaba’s Jack Ma seems to have decided that name-calling was the best response to a critical report by a Chinese regulator this week, and the resulting fallout helped rival billionaire Wang Jianlin, return to his former perch as China’s richest… Read More>>
Wanda Plans $1B Sydney Project After Acquiring Harbourside Site from Blackstone
Dalian Wanda confirmed today that the Chinese property developer has acquired a pair of properties near Sydney harbour, as part of a plan to build a $1 billion mixed-use complex in the Australian city.
The Beijing-based real estate company bought… Read More>>
Wang Jianlin’s Next Investment Said to Be Atletico Madrid
Wang Jianlin, China’s wealthiest real estate developer, has already diversified into movie theatres and theme parks, and now the billionaire mall builder may be making his next big deal on the soccer pitch.
According to reports in the international press… Read More>>
Wanda Goes Asset Light – Creates RMB 24B Partnership with 4 Investors
Fresh off of its $3.7 billion IPO last month, China’s Dalian Wanda Commercial Properties seems to have decided that it would rather bring in outside investors than fund its own projects.
According to a statement by the company to the… Read More>>
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