Monday, June 20, 2016

JD.com teams up with Walmart to form retail superforce in China

The strategic partnership will cover both online and offline retail Chinese e-commerce giant JD.com today announced that it has formed a strategic alliance with US-based retail giant Walmart, in an effort to “better serve consumers across China through a powerful combination of e-commerce and retail.” As part of the agreement, Walmart will receive 144,952,250 newly...
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