Tag: wal-mart

Retail Asia10/02/2017
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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 […]

Retail Asia24/10/2016
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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 […]

Retail Asia05/07/2016
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1min
The world’s leading cosmetics group L’Oreal launched a new shampoo brand in the Chinese market called Ultra Doux, which is now available in Wal-Mart stores across the country. Targeting the Chinese market, Ultra Doux offers a total of 43 products within five series, with a price range from CNY20 to CNY80. Its positioning eyes the […]

Retail Asia26/07/2015
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4min
Wal-Mart Stores Inc stock is now trading 20.29% below its 52-week-high, 3.06% above its 52-week-low. Wal-Mart Stores CEO Doug McMillon has already increased starting wages and cut a layer of management in stores to try to tackle the situation at the stores. Wal-Mart Stores Inc (WMT) reported last quarter earnings on May 19. However, the […]


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