Chinese real estate giant Dalian Wanda Group has pulled in 1 billion yuan ($161 million) for what it hopes will be the biggest omnichannel retail operation in the world, according to Forbes. The new money, for the e-commerce joint venture Dalian Wanda set up in...
With the Alibaba IPO mere days away, some of the other most influential forces in Chinese business see it as an opportunity to try and stake their claim to a big E-Commerce chunk—before Alibaba’s public financing makes it an even more powerful rival. “The Dalian...
May 31, 2018
The Chinese real estate giant Dalian Wanda Group is creating a joint venture with Tencent, one of China’s biggest technology companies and the former local unit of Groupon, in order to join together online and offline businesses. Reuters reported the deal is part of the companies’ push into the world of so-called “smart retail,” in […]
January 06, 2015
Chinese real estate giant Dalian Wanda Group has pulled in 1 billion yuan ($161 million) for what it hopes will be the biggest omnichannel retail operation in the world, according...
September 01, 2014
With the Alibaba IPO mere days away, some of the other most influential forces in Chinese business see it as an opportunity to try and stake their claim to a...