Investment Summary

Dalian Wanda Group Co Invests In 99Bill

On December 29, 2014, Dalian Wanda Group Co invested in internet software and services company 99Bill

Investment Highlights
  • This is Dalian Wanda Group Co’s 1st transaction in the Internet Software and Services sector.
  • This is Dalian Wanda Group Co’s 1st transaction in China.

Investment Summary

Date 2014-12-29
Target 99Bill
Sector Internet Software and Services
Investor(s) Dalian Wanda Group Co
Deal Type Stake Purchase

Target

99Bill

Shanghai, China
99 Bill is a company focused on providing online payment platform services to facilitate online transactions in China.

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Investor(S) 1

Investor

Dalian Wanda Group Co

Beijing, China

Category Company
Founded 1988
Sector Real Estate
Revenue 6.3B USD (2013)
DESCRIPTION

Dalian Wanda Group was founded in 1988 and operates in four major industries - commercial property, luxury hotels, culture & tourism, and department stores. In 2013, the company’s assets totaled 380 billion yuan ($62.8 billion), its annual income reached 186.6 billion yuan ($30.8 billion) and net profits exceeded 12.5 billion yuan ($2.06 billion).


DEAL STATS #
Overall 2 of 6
Sector (Internet Software and Services) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-18 AMC

Leawood, Kansas, United States

AMC is a theatrical exhibition company. The Company operates more then 400 locations across North America and China. AMC was incorporated in 1920 and is based in Leawood, Kansas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-10 Infront Sports & Media AG

Zug, Switzerland

Infront Sports & Media is the second largest sports marketing agency in the world representing over 120 sports rights owners including football federation and clubs, winter sport and 17 world championship events, and delivering 3,300 event days of top class sport around the world.

Buy €1.1B