Chinese property giant Wanda acquires London-based Odeon & UCI Cinemas in Europe

Dalian Wanda Group’s AMC Entertainment Holdings announced it has completed its acquisition of the largest theatre exhibitor in Europe, London-based Odeon & UCI Cinemas Holdings Ltd, making a further step in completing Wanda’s global exhibitor chain. Wanda is now the largest movie exhibition company in the world and a leading force in the world’s top …

Real estate tycoon Wang Jianlin aims to make Wanda the world’s biggest tourism company within five years

Leading Chinese private property developer Dalian Wanda Group tends to change its core business line as mainly tourism company under the leadership of its founder and Chairman Wang Jianlin. Ranked the richest person in Asia, Wang aims to make Wanda the king of services amid China’s economic slowdown. READ MORE :Real estate tycoon,billionaire Wang Jianlin: Tourism …

Chinese Wanda Group announces the withdrawal of listing of Wanda Commercial Properties from the Hong Kong Stock Exchange

Dalian Wanda Group’s Dalian Wanda Commercial Properties Co., Ltd. (hereinafter referred to as “Wanda Commercial”) convened an Extraordinary General Meeting and an H Share class meeting in Beijing to separately vote on the resolution in respect of the withdrawal of listing (“delisting”) of Wanda Commercial from the Hong Kong Stock Exchange. The poll results revealed …

Chinese Wanda Group continues hospitality expansion with two new hotels in China

Wanda Vista Urumqi opened on August 12 as the Group’s 16th Vista hotel to open nationwide. The hotel covers 38,600 square meters, features 271 guest rooms and a 1,200 square meter grand ballroom, and incorporates the Tianshan mountains and snow lotus flowers into its design. Wanda Realm Bozhou opened in Anhui Province on August 12, …

Chinese real estate company enters the Fortune Global 500 list

Dalian Wanda Group is entering the Fortune Global 500 list, joining the ranks of the world’s largest companies as it transitions from a Chinese real estate company to a global sports, entertainment and tourism giant. Growth won’t stop here. Revenue will leap and more expansion, more acquisitions await. Wanda is tapping into new development in …

China’s Wanda Group continues its strong growth in the first half of 2016

In the first half of 2016, period ending June 30, China’s Wanda Group continued its strong growth trajectory across its business portfolio. Wanda’s assets in the period totaled RMB736.8 billion, up 12.1% from the end of 2015. The company’s revenue in the first half, excluding the Wanda Department Stores division, jumped 10.6% year-on-year to RMB119.93 …

China’s Dalian Wanda Group announces long-term business partnership with FIBA

FIBA, the International Basketball Federation, and Wanda, through its subsidiary Infront Sports & Media, announced on June 16, 2016 a long-term business partnership. For the period of four FIBA Basketball World Cup cycles up to 2033, Wanda will be FIBA’s worldwide exclusive partner for the sale and marketing of the worldwide sponsorship and licensing rights …

China’s Wanda Chicago project completes land settlement, marking the City’s 3rd tallest building

The Wanda Chicago Project successfully completed land settlement after the Chicago City Council unanimously approved its development plan. Chicago Mayor Rahm Emanuel congratulated the Chicago Project Company and project partner Magellan Development Group on the project site. Mayor Emanuel made the announcement of project land settlement on site to over ten local media. When answering …

Chinese real estate developer Wanda Group plans to invest $1 billion in Haryana,India

  According to The Economic Times report, China’s Dalian Wanda Group will build a mega industrial township in Haryana  state of India. “We are in talks with the Wanda Group, that is in process.They are going to establish a big city. Wanda Group will make a big investment in Haryana.” Haryana Chief Minister Manohar Lal Khattar …