Retail Asia24/10/2016
3min
Walmart has made another big e-commerce investment in China. On the heels of launching three major e-commerce initiatives in China, Walmart will invest $50 million in New Dada — China’s largest local on-demand logistics and grocery online-to-offline (O2O) e-commerce platform. Walmart’s newest investment further extends its agreement with JD.com, which uses New Dada’s network to […]