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August 9, 2018 04:24 am GMT

Walmart co-leads $500M investment in Chinese online grocery service Dada-JD Daojia

Walmart sold its China-based e-commerce business in 2016, but the U.S. retail giant is very much involved in the Chinese internet market through a partnership with e-commerce firm JD.com. Alibaba’s most serious rival, JD scooped up Walmart’sYihaodian business and offered its own online retail platform to help enable Walmart to products in China, both on […]

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