Tag: Walmart

FINTS Morning Brief (21 Oct 2016)

China strictly bans raising loans from government in the name of Public-Private-Partnership Project: Ministry of Finance Walmart Stores Inc collaborates with JD.com, a Chinese e-Commerce website to offer more shopping options for online customers in…


Walmart sells Yihaodian to JD.com in exchange for about 5% stake

Walmart has decided to sell its Chinese e-commerce arm Yihaodian to JD.com (China’s second largest e-commerce giant) in exchange for roughly a 5% stake in JD.com. The deal came just after the world’s largest retailer…