Walmart offloads $3.7b stake in JD

A moped rider passes by a Sam’s Club outlet in Nanjing, Jiangsu province. YANG BO/CHINA NEWS SERVICE US retailer Walmart has sold its entire $3.7 billion stake in Chinese e-commerce platform JD and is shifting the focus to its operations in China, a move industry experts said will not have an influence on the strategic partnership … Continue reading Walmart offloads $3.7b stake in JD