Joke Collection Website - Bulletin headlines - What does Wanda’s transition to asset-light mean?

What does Wanda’s transition to asset-light mean?

Wang Jianlin first mentioned Wanda’s asset-light model as early as April 2015. However, in recent days, Wanda has suddenly accelerated the process of downsizing. In one day, 100 billion worth of equity assets in hotel and cultural tourism projects were transferred. This marks Wang Jianlin’s official farewell to the real estate industry he has worked in for 30 years since Wanda was founded in 1988.

So what kind of asset model is asset-light?