Mainland Chinese billionaire Wang Jianlin has vowed to accelerate the opening of his flagship malls to hit 1,000 by 2028 as he announced an upcoming cooperation with retailer Suning Commerce Group in his first high-profile speech after dumping the bulk of his domestic assets in July.
“The expansion of Wanda Plaza will significantly speed up from 2019 and hit 1,000 malls in 10 years. What does that mean? The average [footfall] traffic of a Wanda Plaza that has been in operation for a…
Source : South China Morning Post
Read more…Wanda founder Wang Jianlin vows to speed up openings to hit 1,000 mall target in 10 years
