On June 12, Dalian Wanda Group Co Ltd of China invited small-scale investors to put their cash into the construction of five shopping malls. Rolled out on the 99Bill.com website, in which Wanda owns a controlling stake, the company raised $806 million (5 billion yuan) in just three days, with 100 million yuan pouring in during the first 50 minutes.
On June 12, Dalian Wanda Group Co Ltd of China invited small-scale investors to put their cash into the construction of five shopping malls. Rolled out on the 99Bill.com website, in which Wanda owns a controlling stake, the company raised 5 billion yuan ($806 million) in just three days, with 100 million yuan pouring in during the first 50 minutes.