Caixin OnlineBusiness & IndustryTop Stories Industry Dalian Wanda Group Dreams Big, Then Bigger
05.27.2013 15:26

Dalian Wanda Group Dreams Big, Then Bigger

Company has huge expansion plans in tourism and the cinema industry, to name two areas, but critics wonder whether it is all too much, too soon
By staff reporter Liu Ran
A

(Beijing) -- Covering business in commercial properties, luxury hotels, tourism and entertainment, Dalian Wanda Group is among the fastest growing private companies in China.

The company has expanded rapidly both at home and abroad. Last year, Wanda paid US$ 2.6 billion to acquire the U.S. cinema chain AMC Entertainment Holdings Inc., giving it a foothold in North America's film industry. This year, the company is reportedly in talks with two European cinema chains for potential acquisition.

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