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Wal-Mart Deal With JD.com Includes Incentives For Retailer To Raise Stake
Wednesday, June 29, 2016 - 9:12am | 243Wal-Mart Stores, Inc. (NYSE: WMT) and JD.Com Inc(ADR) (NASDAQ: JD) formed a strategic relationship earlier this month, which will see Wal-Mart's presence in China greatly improved. As part of the agreement, Wal-Mart will receive 144.95 million newly issued JD.com shares, representing approximately...