When was New World Development founded?

New World Development was founded in 1970.

Where is New World Development located?

New World Development is headquartered in Hong Kong, China.

How many employees does New World Development have?

As of Jan 04, 2026, the latest employee count at New World Development is 1168.

Is New World Development a funded company?

New World Development is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does New World Development rank among its competitors?

New World Development ranks 172nd amongst 15720 active competitors, of which 208 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SILA, which secured an undisclosed amount in Mar, 2025.

Who are the top competitors of New World Development?

New World Development's top competitors include Emaar, SILA and M3M India. Among them, SILA secured the most recent funding round in March, 2025.

New World Development - 2026 Company Profile, Team, Funding & Competitors

Company Details

New World Development is a real property company. The company has a business in property, hotel, infrastructure & services, department stores. In 2022, the company recorded annual revenues of $9.34B and a net profit of $0.13B.

Website: nwd.com.hk
Social
Email ID: *****@nwd.com.hk
Phone Number: +852 **********

Key Metrics

Founded Year

1970

Location

Hong Kong, China

Stage

Public

Investors

Jiangmen Ventures

Ranked

172^nd among 15720 active competitors

Employee Count

1,168 as on Jan 04, 2026

Investment & Acquisitions

Cornerstone Robotics & 11 more

Similar Companies

Emaar & 16275 more

Exit Details

Public

View New World Development's full profile

New World Development got listed on Nov 23, 1972.

Click here to take a look at New World Development's IPO in detail

New World Development is a funded company. New World Development has 1 institutional investor.

View details of New World Development's funding rounds and investors

The founders of New World Development is Cheng Yu-tung.

Here are the details of New World Development's key team members:

Cheng Yu-tung: Former Founder of New World Development.

View details of New World Development's Founder profiles and Board Members

New World Development's employee count trend

New World Development has 1,168 employees as of Jan 26. Here is New World Development's employee count trend over the years:

Employee count trend for New World Development

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Top competitors of New World Development include Emaar, SILA and M3M India. Here is the list of Top 10 competitors of New World Development, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Emaar 1997, Dubai (United Arab Emirates), Public	Provider of real estate development properties	$98M	Mashreq Bank, Deutsche Bank & 10 others	76/100
2nd	SILA 2010, Mumbai (India), Series A	Provider of facility & project management, advisory, general contracting, and real estate development services	$17.8M	Norwest, JCK group & 22 others	73/100
3rd	M3M India 2010, Gurugram (India), Series D	Provider of real estate and commercial project development services	$538M	PAG, Piramal Group & 9 others	73/100
4th	Godrej Properties 1990, Mumbai (India), Public	Developer of residential & commercial properties	-	sbipensionfunds.co.in, Gov.sg & 9 others	72/100
5th	Max Estates 2016, Noida (India), Public	Provider of residential & commercial development services	-	-	68/100
6th	Vingroup 1993, Hanoi (Vietnam), Public	Provider of real estate development and management services	-	IMM Investment, Korea Investment Private Equity ... & 4 others	68/100
7th	Marcus& Millichap 1971, Reno (United States), Public	Commercial real estate investment brokerage and capital markets services firm	-	-	67/100
8th	Nagarjuna Construction Company 1978, Hyderabad (India), Public	Provider of commercial property development services	-	ICICI Venture, Subhkam Ventures & 2 others	66/100
9th	Howard Hughes 2010, Dallas (United States), Public	Developer of residential & commercial properties	-	Pershing Square Holdings, Pershing Square Capital Management ... & 2 others	65/100
10th	SOBHA 1995, Bengaluru (India), Public	Developer of residential and commercial properties	-	WestBridge Capital, India Capital Growth & 1 others	65/100
172nd	New World Development 1970, Hong Kong (China), Public	Real property company	-	Jiangmen Ventures	50/100

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New World Development has not made any acquisitions yet. New World Development has made 12 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 07, 2023	Investments	Cornerstone Robotics	2019	Shenzhen (China)
Aug 02, 2022	Investments	Shiyue Xingcheng	2021	Beijing (China)
Aug 02, 2022	Investments	StarHeir Technology	2021	Beijing (China)

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Media has covered New World Development for a total of 24 events in the last 1 year, 6 of them have been about company updates and 1 about people movement.