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Walmart reportedly wants to sell JD.com stake for up to $3.74 billion


Walmart reportedly wants to sell JD.com stake for up to .74 billion

Richard Liu, founder and CEO of JD.com, at a press conference in Beijing in 2018. VCG/VCG via Getty Images Walmart Inc. has announced that it intends to sell its entire stake in Chinese e-commerce giant JD.com. The US retailer is thus adjusting its strategy in the world’s second-largest economy. Shares of fellow listed JD.com plunged […]