Tag: Walmart share price

Walmart’s $3.6 billion JD.com sale fuels China tech slump – CNBC TV18

[ad_1] Walmart Inc. is raising about $3.6 billion by selling its stake in Chinese e-commerce firm JD.com Inc., winding down an eight-year partnership that appears to be paying diminishing returns amid a challenging landscape for Chinese tech giants. The US retailer sold 144.5 million shares for $24.95 apiece, according to people familiar with the matter […]

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