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

Saudi-Egyptian VC firm Edafa to invest $10mn in Egyptian startups this year
MUBASHER
Saudi Arabia tops Global Islamic Fintech Index in new report
MUBASHER.SA
Qassim University launches 5th Innovation Incubator Program to boost startup ideas
MUBASHER.SA
Saudi Arabia to host MIPIM Middle East 2026 in October
MUBASHER.SA
Saudi Arabia to launch 1st AAM test site in Riyadh
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Feb 26, 2026
Qassim University launches 5th Innovation Incubator Program to boost startup ideas
Read More
Private Equities News
Calendar Icon
Feb 26, 2026
Saudi Arabia to host MIPIM Middle East 2026 in October
Read More
Private Equities News
Calendar Icon
Feb 26, 2026
Saudi Arabia to launch 1st AAM test site in Riyadh
Read More
Private Equities News
Calendar Icon
Feb 25, 2026
Sitecore deploys SitecoreAI platform in Saudi Arabia, UAE
Read More
Private Equities News
Calendar Icon
Feb 25, 2026
Accenture expands Saudi operations with new innovation hub at KAFD
Read More
Private Equities News
Calendar Icon
Feb 25, 2026
Ford eyes local manufacturing in Saudi Arabia as sales surge
Read More
Private Equities News
Calendar Icon
Feb 25, 2026
ASMO, Arcapita to build 1.4 mn sqm logistics facility in SPARK
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