logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. China’s WEMART lands its first store in Saudi Arabia

China’s WEMART lands its first store in Saudi Arabia

GHADA.ISMAIL
Dec 29, 2024
This launch marks the first Chinese hypermarket penetrating the Saudi Market

Riyadh – Sharikat Mubasher: Chinese Hypermarket WEMART launched its first branch in Saudi Arabia, bringing the warmth of home to the Chinese expats in the Kingdom.

Chang Hua, China’s Ambassador to Saudi Arabia announced the news on his official account on x.com, expressing his delight with this launch which marks the first Chinese hypermarket chain penetrating the Saudi Market.

Located in Khurais Square Riyadh, WEMART will bring high-quality commodities and delicious food from China and even Asia all harvested from its own farm to all Asian food lovers in Saudi Arabia.

Founded in Dubai by Sun Jiansheng, a businessman from Wenzhou, China, in 2006, WEMART has evolved from a small shop into a commercial giant that integrates multiple industries such as retail supermarkets, farms, e-commerce, and logistics.

Now, with its first comprehensive mall in Saudi Arabia, WEMART’s future development is attracting significant attention, in comparison with giant rival, Lulu Retail from India.

Tags

WEMART
hypermarket
Saudi Arabia
Share

Attract clients with your ad

Start Now

Trending

HUMAIN invests $3bn in xAI’s Series E funding round
MUBASHER
Origen secures $50m strategic investment from Bluefive Capital
MUBASHER
Sure Global Tech approves new AI-focused subsidiary in Riyadh
MUBASHER.SA
ZIWO secures strategic investment to deepen presence across MENA
MUBASHER.SA
CEER strengthens strategic partnership with FEV
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Feb 18, 2026
Sure Global Tech approves new AI-focused subsidiary in Riyadh
Read More
Private Equities News
Calendar Icon
Feb 18, 2026
ZIWO secures strategic investment to deepen presence across MENA
Read More
Private Equities News
Calendar Icon
Feb 18, 2026
CEER strengthens strategic partnership with FEV
Read More
Private Equities News
Calendar Icon
Feb 18, 2026
Elevix launches digital capability center to support GCC startups
Read More
Private Equities News
Calendar Icon
Feb 17, 2026
EY KSA, Microsoft to explore new consulting opportunities in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Feb 17, 2026
Saudi hypermarket chain BinDawood opens first branch in Qatar
Read More
Private Equities News
Calendar Icon
Feb 17, 2026
Mawani launches integrated logistics center at King Abdulaziz Port
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher