DUBAI/WAM The United Arab Emirates (UAE) has maintained its leading position among countries with “very ...
Read More »Wal-Mart to buy 5% stake in JD.com
Beijing / Bloomberg Wal-Mart Stores Inc. will acquire a 5 percent stake in Asian e-commerce giant JD.com Inc. in a deal that will reshape the U.S. retail chain’s operations in China. As part of the agreement, JD.com will take ownership of Wal-Mart’s Yihaodian online marketplace, the companies said in a statement. The Chinese branch of Sam’s Club also will ...
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