JD.com’s top shareholder Walmart has reportedly sold the entirety of its stake in the Chinese e-commerce giant for $3.6 billion, causing shares in the Beijing headquartered company to drop sharply.
I visited a branch in Beijing recently. From the poorly designed store to the confused inventory of products, it was obvious why Walmart has struggled in the country. Walmart was one of the first ...
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Walmart Collaborates With Meituan to Boost China E-Commerce SalesWalmart has teamed up with Meituan for its delivery ... closed 0.6% lower on Tuesday but have nearly doubled this year. The Beijing-based shopping-and-delivery platform has a strong consumer ...
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