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Tag: U.S. retail

Industries, Retail & Wholesale

What Walmart and JD.com’s Latest Investment Means for Chinese Retail

August 9, 2018

Via: Fortune

The Chinese grocery-delivery firm, Dada-JD Daojia, announced Thursday that has received a $500 million injection of financing. The money comes jointly from U.S. retail giant Walmart and Chinese e-commerce player JD.com. Walmart (WMT, -0.14%) said it had contributed some $320 […]