China Square Mall has been trending from Friday on the Internet. This is after Trade CS Moses Kuria issued a statement suggesting to ejecting the business from the country.
Gusii Digital News has discovered the owner of the mall.
Who Owns China Square?
Mr Cheng, also known as Charlie Lei Cheng, is a successful entrepreneur and owner of China Square store in Unicity Mall, located on Thika Road next to Kenyatta University in Kenya.
He is a 37-year-old graduate in International Trade from a South African university.
Mr Cheng’s vision and business acumen have helped him establish China Square as a thriving retail destination in Kenya.
He visited Kenya in September and made a couple of visits to malls and supermarkets in Kenya. He realised goods are being sold high prices yet they are sourced cheaply.
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Cheng went back to China and reached out to friends and thats how China Square idea was birthed.
The store opened its doors on January 29th of this year and quickly drew attention by making sales worth Sh 20 million in the first two weeks alone.
The store’s success put it in direct competition with the well-known retail market in Eastleigh, a testament to Mr Cheng’s ability to identify and capitalize on business opportunities.
Mr Cheng’s China Square store offers a wide range of products, including clothing, electronics, and household items, all imported directly from China.
His commitment to providing high-quality products and exceptional customer service has made the store a popular destination for Kenyans seeking unique and affordable items.
In addition to his success in business, Mr Cheng is also known for his philanthropic efforts. He has supported several local initiatives and charities over the years, giving back to the community that has helped him achieve success.
Overall, Mr Cheng’s journey from a graduate in International Trade to a successful entrepreneur and owner of China Square store is a story of dedication, hard work, and perseverance.
His success in the competitive retail market in Kenya is a testament to his ability to identify business opportunities and his commitment to providing high-quality products and excellent customer service.
On February 24th, Trade CS Moses Kuria tweeted a controversial post about the new mall in kenya.
Kuria said he has offered Kenyatta University a chance to buy the lease from the mall and hand it over to Nyamakima Traders and Gikomba.
However, Cheng said he is running his business legally.
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