Wanda Group
Wanda Plaza in Beijing houses the company's headquarters. | |
Native name | 万达集团 / 大连万达 |
|---|---|
Romanized name | Wàndá Jítuán / Dàlián Wàndá |
| Company type | Private |
| Industry | Conglomerate |
| Founded | 1988, in Dalian, Liaoning, China |
| Headquarters | Beijing, China |
Area served | Worldwide |
Key people | Wang Jianlin (chairman) Ding Benxi (丁本锡) (president) |
| Services | Construction Diversified investments Entertainment & Media Financial services Health care High technology Hospitality Industrial manufacturing Real estate development Retail Sports |
| Revenue | CN¥257.371 billion (US$31.7 billion) (2018) |
| CN¥13.450 billion (US$2.06 billion) (2013) | |
| Total assets | CN¥564.250 billion (US$86.15 billion) (2014) |
| Owner | Dalian Hexing Investment Co. (owned by Wang family) |
Number of employees | 130,000 |
| Divisions | Wanda Cinemas Wanda Media |
| Subsidiaries | Sunseeker International Infront Sports & Media Wuzhou Film Distribution Competitor Group |
| Website | wanda-group.com |
| Wanda Group | |||||||
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| Simplified Chinese | 万达集团 | ||||||
| Traditional Chinese | 萬達集團 | ||||||
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| Alternative Chinese name | |||||||
| Simplified Chinese | 大连万达 | ||||||
| Traditional Chinese | 大連萬達 | ||||||
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Wanda Group (Chinese: 万达集团; pinyin: Wàndá Jítuán), or the Dalian Wanda Group (大连万达), is a Chinese multinational conglomerate founded in Dalian, Liaoning, and headquartered in Beijing. The conglomerate's core businesses are a private property developer and an entertainment company, effectively acting as the owner of Wanda Cinemas and the Hoyts Group line of cinema chains.
With investments within mainland China and globally, the Dalian Wanda group has investments across many industries including construction, entertainment, media, industrial manufacturing, financial services, high technology, hospitality, real estate, retail, health care, and sports. It ranked 380th on the Fortune Global 500 List in 2017. Also in 2017, its assets amounted to 700 billion yuan and an annual revenue of 227.4 billion yuan ($35.29 billion). Wanda Cultural Industry Group is one of China's cultural enterprises, which includes movie theaters as well as sports and film production assets, and contributed 28% or $10.85 billion to overall revenue. Wanda Group ranks 28th on the 2020 China Top 500 Private Enterprises List.