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  2. Walmart unwinds JD.com investment, to focus on own China ops

    www.aol.com/news/walmart-sells-3-74-billion...

    HONG KONG (Reuters) -Walmart sold its entire roughly $3.7 billion stake in JD.com, ending an eight-year investment in the Chinese e-commerce firm that was yielding waning returns, and the U.S ...

  3. Yihaodian - Wikipedia

    en.wikipedia.org/wiki/Yihaodian

    Yihaodian has “virtual stores” that exhibit images of stocked grocery shelves on walls and other surfaces in urban public areas in China, which passersby can scan codes under the images with a mobile device to purchase corresponding groceries online. [2] The retail giant Walmart first invested in Yihaodian in 2011; in 2012, it announced ...

  4. Analysis-Walmart tears up China online strategy with JD.com ...

    www.aol.com/news/analysis-walmart-tears-china...

    Walmart's stake in Chinese e-commerce firm JD.com was once central to its China strategy. Now it is tearing up that playbook by unloading its entire $3.74 billion stake in one of China's biggest ...

  5. JD.com - Wikipedia

    en.wikipedia.org/wiki/JD.com

    JD.com and Walmart launch the first annual JD-Walmart 8 August shopping festival in July. [41] JD.com also committed to further develop China's parcel delivery efficiency, investing US$101 million to subsidize merchants on JD.com for warehousing and distribution costs, for the upcoming 2017 Singles' Day. [42]

  6. List of assets owned by Walmart - Wikipedia

    en.wikipedia.org/.../List_of_assets_owned_by_Walmart

    Walmart Inc. is the largest retailer in the world and one of the five largest corporations in the world by sales. As of 2022, the company is operational in Canada, Chile, China, India, Mexico, Nigeria, South Africa, the United Kingdom and the United States.

  7. Walmart bets on its international business to drive growth as ...

    www.aol.com/finance/walmart-bets-international...

    In China, Walmart is using the world's second-largest economy to experiment with new e-commerce practices. Despite macro headwinds, its same-store sales grew 13.8% in Q2, and revenue grew 17.7% ...

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