China Square invests Sh600 million in Two Rivers Mall and Sh300 million in Greenspan Mall, bringing its total branches in Kenya to six.
China Square is growing its business in Kenya by opening more stores in malls. They have put in Sh600 million at Two Rivers Mall and Sh300 million at Greenspan Mall. With these new investments, China Square now has six stores in total in Kenya.
The new store at Two Rivers Mall, which is one of the biggest malls in East Africa, shows that China Square wants to be in busy places where people go for shopping and fun. This store will open on January 10, 2025, and to celebrate, there will be discounts for three days.
The store at Greenspan Mall in Donholm, Nairobi, is planned to open on January 13, 2025. This investment will help China Square reach more different shoppers in Nairobi.
With these new stores, China Square is showing that it wants to be a well-known name in Kenyan shopping.
Their aim is to provide affordable products to many people, from those who want luxury items to those looking for budget-friendly choices.
Only 4 more days to China Square @TwoRivers_KE Grand Opening😃!
Get ready for an amazing three day 20% discount from Jan 10th – 12th,2025 and shop all your essentials!
🛍️ Mali Fiti, Bei Fiti Fiti! 🛒
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.#GrandOpening #ChinaSquareTwoRivers pic.twitter.com/iJ1VF7mVGr— China Square Kenya (@chinasquaremall) January 6, 2025
Opening stores in both high-end and more affordable malls means that many types of customers can find what they need. This growth is also expected to create jobs and help local businesses around the malls as more people come to shop. However, there have been some worries about how these stores may affect local traders.
China Square is part of a larger trend of Chinese businesses investing in Kenya’s shopping sector. While many people are happy to see lower prices, there are also concerns about its impact on local shops.
Still, the management at China Square says they want to work together with local businesses and adapt to the Kenyan market, showing they want to help, not take over.