Retail Asia10/02/2017
2min0
American retail giant Wal-Mart Stores has further increased its stake in China’s second-largest eCommerce firm JD.com. It now has a 12.1 per cent shareholding, up from 10.8 per cent, and comes about three months after the Arkansas-based retailer disclosed it had almost doubled its holding in JD.com from 5.9 per cent. Like Amazon, a large […]