Walmart co-leads $500M investment in Chinese online grocery service Dada-JD Daojia
alibabaalibaba groupAsiaBreaking NewsChinae-commerceeCommerceeconomyEuropeFundings & ExitsGermanyGooglegrabJDJD.comonline storesretailretail storesSoftwareSoutheast AsiaTencentUberUnited StatesWalmartWeChatYihaodian August 9, 2018 0
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’s Yihaodian business and offered its own online retail platform to help enable Walmart... Read more