Wanda Group

Wanda Group
万达集团

Wanda Plaza in Beijing houses the company's headquarters.
Type	Private
Industry	Conglomerate (Hospitality, retailing, property development, tourism, cultural industry)
Founded	Dalian, Liaoning, China 1988; 29 years ago (1988)
Headquarters	Beijing, China
Area served	Worldwide
Key people	Wang Jianlin (Chairman) Dīng Běnxī (丁本锡) (President)
Products	Plazas, yachts, luxury hotels, commercial property, department stores, cinemas
Revenue	CN¥257.371 billion (US$39.47 billion) (2014)
Net income	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	AMC Theatres Sunseeker International Infront Sports & Media The Hoyts Group World Triathlon Corporation Legendary Entertainment Dick Clark Productions
Website	www.wanda-group.com

Wanda Group (simplified Chinese: 万达集团; traditional Chinese: 萬達集團; pinyin: Wàndá Jítuán), or Dalian Wanda (Chinese: 大连万达), is a Chinese multinational conglomerate corporation and the world's biggest private property developer and owner and the world's largest cinema chain operator, owning Wanda Cinemas, and the Hoyts Group as well as AMC Theaters.

The company operates in four major industries—commercial property, luxury hotels, culture and tourism, and department stores. It was established in Dalian, Liaoning and is now headquartered in Beijing.

The company was founded in Dalian, Liaoning, in 1988 as a residential real estate company by Wang Jianlin. Incorporated in 1992, the company was "one of the first shareholding companies in the PRC" after the economic reform.

Since 2005, recent years Chinese property developers like Dalian Wanda and Evergrande have made forays into "alternative, income-generating businesses away from the property market". The Financial Times noted that Dalian Wanda was the "most aggressive" in pursuing this strategy, pointing to its 2012 acquisition of U.S. cinema chain AMC Theatres and 2013 purchase of British yachtmaker Sunseeker. It noted that it was also "building theme parks across China, and has a joint venture with Tencent and Baidu to set up an e-commerce platform".