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Walmart sells shares in Chinese e-commerce. Does this fit with the “adaptive retail strategy”?


Walmart sells shares in Chinese e-commerce. Does this fit with the “adaptive retail strategy”?

HIGHLIGHTS — Walmart is making financial news this week after the mega-retailer sold its stake in JD.com, Inc., a Chinese e-commerce company, ending an eight-year partnership between the two companies. According to several news sources, including Reuters and Bloomberg, Walmart raised about $3.6 billion from the sale of its stake in the company. Reuters reports […]