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Aggregated China Business Blogs
Walmart Nearly Doubles JD.Com Interest To 10.8%
Aggregated Source: China Money Network
walmartWalmart has increased its stake in JD.com to 10.8% from 5.9%, three months after the U.S. retail giant swapped its Yihaodian unit for an initial interest in China's second largest e-commerce firm. The move will further solidify strategic cooperation between the two companies, and potentially lead to a deeper partnership and more stake purchases by […]


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