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

TruDoc boosts GCC expansion with $15mn Pre-Series B
MUBASHER
MIS signs SAR 1.88 bn deal with HUMAIN to build AI data center
MUBASHER.SA
Ehsan pacts with STC Bank to advance digital donation ecosystem in Kingdom
MUBASHER.SA
Rimal Semiconductors secures strategic investment from Keheilan Deep Tech Fund
MUBASHER.SA
iQtech lands 1st funding to expand medical education techs across MENA
MUBASHER

Related News

Private Equities News
Calendar Icon
Mar 5, 2026
Ehsan pacts with STC Bank to advance digital donation ecosystem in Kingdom
Read More
Private Equities News
Calendar Icon
Mar 4, 2026
New Murabba partners with EVIQ to install EV charging network
Read More
Private Equities News
Calendar Icon
Mar 3, 2026
Saudi Arabia PMI drops to 56.1 in February, lowest in nine months
Read More
Private Equities News
Calendar Icon
Mar 3, 2026
Riyadh to host Global Innovation Summit 2026
Read More
Private Equities News
Calendar Icon
Mar 2, 2026
Rewa closes seed round, launches digital rent payment application
Read More
Private Equities News
Calendar Icon
Mar 2, 2026
Mawani signs MoU with UNCTAD to host Global Supply Chain Forum 2026
Read More
Private Equities News
Calendar Icon
Mar 1, 2026
YVL Capital Partners officially launches in Dubai
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