• 11/25/2024

Walmart said to raise US$3.6 billion from sale of JD.com stake, ending 8-year partnership

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The deal comes as a property crisis, market volatility and uncertain job prospects take a toll on consumption in mainland China.

https://www.scmp.com/tech/big-tech/article/3275295/walmart-said-raise-us36-billion-sale-jdcom-stake-fuelling-china-tech-slump?utm_source=rss_feed