On just three days, 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 June 12, 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.