Wumart

Wumart Stores, Inc.[1] doing business as Wumart, (Chinese: 物美; pinyin: Wùměi; Chinese for "good product") is a Chinese retail company with its headquarters in Haidian District, Beijing.

Wumart( Dmall+) Lianxiangqiao Store in Beijing
Wumart( Dmall+) Lian Xiang Qiao Store in Beijing
Wumart Stores, Inc.
Traditional Chinese北京物美商業集團股份有限公司
Simplified Chinese北京物美商业集团股份有限公司

Wumart was founded in 1994 by Zhang Wenzhong, Wumart Group is one of the earliest and biggest retailers in China and the largest supermarket chain in Beijing-Tianjin-Hebei area. With more than 1,000 Wumart stores in North, East and Northwest China, Wumart has scored revenue of more than 50 billion yuan ($7.8 billion), opened 103 stores in 2017, and continued to march into northeastern and southern regions.[2] Wumart's business formats consist of retail, Internet and IOT technology, logistics and supply chain. Being technology-driven, the Group has developed location-based ecommerce in Beijing, Hangzhou, Yinchuan, Wuhan and other major cities, empowering supermarkets into Omni-channel retailer with online-offline integration and serving over 30 million members, constantly contributing to national economic growth, employment and better livelihood of the people.[3]

Corporate affairs

The company has its headquarters in the Wumart Commercial Building (S: 物美商业大厦, T: 物美商業大廈, P: Wù Měi Shāngyè Dàshà) in Haidian District, Beijing and its registered office in the Badachu HighTech Park District in Shijingshan District, Beijing.[4][5] Previously its headquarters were on the 10th floor of the Yuquan Building (S:玉泉大厦, T:玉泉大廈, P: Yùquán Dàshà) in Shijingshan District, Beijing.[6][7]

Wumart bought 80% stake of Metro China--the subsidiary of Metro AG in China in 2020.[8]

See also

References
  1. "Company Profile." Wumart. Retrieved on October 12, 2012.
  2. 董志成. "Wumart takes high-tech road to development - USA - Chinadaily.com.cn". usa.chinadaily.com.cn. Retrieved 2018-07-19.
  3. "物美". www.wumart.com. Retrieved 2018-05-05.
  4. "Interim Report 2011." (Archive) "ADDRESS OF HEAD OFFICE Wumart Commercial Building 158-1 West 4th Ring North Road Haidian District Beijing P. R. China" and "LEGAL ADDRESS IN CHINA Room 5610 1 Shixingdong Street Badachu HighTech Park District Shijingshan District Beijing The PRC"
  5. "联系我们." (Archive) Wumart. Retrieved on October 12, 2012. "地址：北京市海淀区西四环北路 158-1号 物美商业大厦 邮编：100142 " - Map, Archive
  6. "tel.jpg." Wumart. Retrieved on October 12, 2012. "Add:Yuquan Building Shijingshan Rd. 100049 Beijing, P.R.China"
  7. Home page. Wumart. February 18, 2008. Retrieved on October 12, 2012. "总部地址:北京市石景山区石景山路3号玉泉大厦10层"
  8. "Metro to sell majority stake in Chinese business to Wumart". Reuters. 2019-10-11. Retrieved 2022-07-25.
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