Dalian Wanda Group
Alibaba's Jack Ma is now China's Richest Man, Surpasses Wanda's Wang Jianlin: Forbes
Charissa Echavez | | May 15, 2017 03:16 PM EDT |
Alibaba's Jack Ma has surpassed Wanda Group Chairman Wang Jianlin as the richest man in China, according to estimates by Forbes.
IBM Join Hands with Wanda Group to Enter China’s Cloud Market
Girish Shetti | | Mar 20, 2017 08:30 AM EDT |
IBM has officially entered into China's lucrative cloud technology market through a joint venture with Wanda Internet Technology, a sister company of the Chinese conglomerate Dalian Wanda.
Wanda's AMC Buys Nordic Cinema for $929M
Ellie Froilan | | Jan 24, 2017 12:32 PM EST |
Dalian Wanda Group's AMC Entertainment Holdings has bought Stockholm-based Nordic Cinema Group Holding for $929 million in cash.
US Senator Calls for Renewed Scrutiny of China’s Wanda Group
S. Rina | | Dec 05, 2016 12:18 AM EST |
Incoming Senate Minority leader Chuck Schumer has called for further scrutiny of Chinese companies' takeover of the US firms. In a letter addressed to Treasury Secretary Jack Lew, U.S. President-elect Donald Trump and U.S. Trade representative Michael Froman, Schumer stated that it needs to be determined whether the takeovers are being stage managed by Chinese government.
Wanda’s Wang Jianlin Beats Jack Ma to Become China’s Richest Man
Rina S. | | Oct 13, 2016 04:23 PM EDT |
Chinese real estate tycoon Wang Jianlin has once again be crowned the richest man in China. He beat Alibaba founder Jack Ma and others to top the list.
Dalian Wanda Fires Executive Involved in Bribery
Charissa Echavez | | Sep 30, 2016 07:30 AM EDT |
Dalian Wanda Group, owned by China's richest man Wang Jianlin, said on Thursday it fired an executive who bribed a local Chinese official eight years ago in a bid to shift from state ownership into the private company it is today.
Chinese Billionaire Wang Jianlin Warns About Real Estate Bubble
S. Rina | | Sep 29, 2016 12:31 PM EDT |
China's real estate tycoon Wang Jianlin has expressed concern over the real estate market in the country.
To Challenge Walt Disney, Dalian Wanda Inaugurates $5.1 Billion Tourism park in Hefei city
Girish Shetti | | Sep 24, 2016 11:22 PM EDT |
Dalian Wanda Group, the Chinese conglomerate that has interest in real estate and entertainment, inaugurated the first phase of Hefei Wanda City on Saturday. The first phase of the tourism park in the eastern city of Hefei that focuses mainly on outdoor recreation.
China’s Dalian Wanda Group to Form Major Motion Picture Alliance With Sony
S. Rina | | Sep 22, 2016 01:15 PM EDT |
Chinese conglomerate Dalian Wanda Group is close to forming an alliance with Sony. The deal will provide Wanda with minority stakes in several of Sony's films.
Pinewood Studios to Open an Office in China
Charissa Echavez | | Sep 20, 2016 06:59 PM EDT |
Pinewood Studios is putting up a representative office in China in response to the country's booming film industry.
China's Dalian Wanda to Sell Historic Madrid Skyscraper for $300M
Charissa Echavez | | Jul 23, 2016 07:06 AM EDT |
Dalian Wanda Group, which is owned by China's richest man Wang Jianlin, has reached a preliminary agreement to sell its historic Madrid skyscraper to a Spanish developer Baraka Global Invest SL for $300 million, the company revealed on Friday to the Hong Kong stock exchange.
Football News: Dalian Wanda Group to Present First China Cup in 2017
Ritz Agranum | | Jul 13, 2016 02:21 PM EDT |
China's real estate, sports and entertainment business giant Wanda Group plans to host an annual "China Cup" football tournament which would kick off next year and would feature four top-caliber national teams.
Football News: China’s Dalian Wanda Group Plans to Create Tournament to Rival UEFA Champions League
Ritz Agranum | | Jul 10, 2016 08:48 AM EDT |
The owner Chinese multinational conglomerate Dalian Wanda Group, Wang Jianlin, is supporting proposals to set in motion a football tournament that would rival the UEFA Champions League (UCL), the international daily newspaper Financial Times reported.
China’s Wanda Group Inks Deal With International Basketball Federation (FIBA)
Girish Shetti | | Jun 16, 2016 09:44 AM EDT |
Chinese real estate and entertainment conglomerate Dalian Wanda Group has signed a marketing agreement with International Basketball Federation (FIBA), the governing body of international basketball.
Dalian Wanda Offers Record bid to Delist Hong Kong Unit
Rina S. | | May 31, 2016 09:00 AM EDT |
China's Dalian Wanda group has increased its bid to $4.4 billion to buy out its Hong Kong-based Dalian Wanda Commercial Properties. The group plans to delist from Hong Kong and take the unit private. The group may decide to relist the company in Shanghai for better valuations. The current offer is 10 percent higher than the initial offer made on March 30.
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