-
Wal-Mart Deal With JD.com Includes Incentives For Retailer To Raise Stake
Wednesday, June 29, 2016 - 9:12am | 243Read More...Wal-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...
-
Wal-Mart, JD Form Alliance That Values Wal-Mart's China Unit At $1.5 Billion
Monday, June 20, 2016 - 12:15pm | 494Read More...Wal-Mart Stores, Inc. (NYSE: WMT) entered into an agreement with JD.Com Inc(ADR) (NASDAQ: JD) to improve its presence in China. As part of the agreement, Wal-Mart will receive 144.95 million newly issued JD.com Class A ordinary shares, representing approximately 5 percent of all shares...
