Wumart on:
[Wikipedia]
[Google]
[Amazon]
Wumart Stores, Inc. doing business as Wumart, (; Chinese for "good product") is a Chinese
Metro China
* Jingkelong
Yonghui Supermarket
Official website
Companies based in Beijing Companies listed on the Hong Kong Stock Exchange Retail companies established in 1994 Chinese companies established in 1994 Retail companies of China Supermarkets of China
Wumart Stores, Inc. doing business as Wumart, (; Chinese for "good product") is a Chinese retail company
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...
with its headquarters in Haidian District
Haidian District () is a district of the municipality of Beijing. It is mostly situated in northwestern Beijing, but also to a lesser extent in the west, where it has borders with Xicheng District and Fengtai District.
It is 431 square km in ar ...
, Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
.
Wumart was founded in 1994 by Zhang Wenzhong
Zhang Wenzhong (; born July 1962) is a Chinese businessman and scholar, Stanford alumnus. Zhang is the founder of Wumart, Chairman of Dmall Technology, Rotating Chairman of the Internet of Things Committee of All-China Federation of Industry an ...
, Wumart Group is one of the earliest and biggest retailers in China and the largest supermarket chain in Beijing-Tianjin-Hebei area. With more than 1,000 Wumart stores in North, East and Northwest China, Wumart has scored revenue of more than 50 billion yuan ($7.8 billion), opened 103 stores in 2017, and continued to march into northeastern and southern regions. Wumart's business formats consist of retail, Internet and IOT technology, logistics and supply chain. Being technology-driven, the Group has developed location-based ecommerce in Beijing, Hangzhou, Yinchuan, Wuhan and other major cities, empowering supermarkets into Omni-channel retailer with online-offline integration and serving over 30 million members, constantly contributing to national economic growth, employment and better livelihood of the people.
Corporate affairs
The company has its headquarters in the Wumart Commercial Building (S: 物美商业大厦, T: 物美商業大廈, P: ''Wù Měi Shāngyè Dàshà'') inHaidian District
Haidian District () is a district of the municipality of Beijing. It is mostly situated in northwestern Beijing, but also to a lesser extent in the west, where it has borders with Xicheng District and Fengtai District.
It is 431 square km in ar ...
, Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
and its registered office
A registered office is the official address of an incorporated company, association or any other legal entity. Generally it will form part of the public record and is required in most countries where the registered organization or legal entity ...
in the Badachu HighTech Park District in Shijingshan District, Beijing. Previously its headquarters were on the 10th floor of the Yuquan Building (S:玉泉大厦, T:玉泉大廈, P: ''Yùquán Dàshà'') in Shijingshan District, Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
.
Wumart bought 80% stake of Metro China--the subsidiary of Metro AG in China in 2020.
See also
Metro China
* Jingkelong
Yonghui Supermarket
References
{{ReflistExternal links
Official website
Companies based in Beijing Companies listed on the Hong Kong Stock Exchange Retail companies established in 1994 Chinese companies established in 1994 Retail companies of China Supermarkets of China