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Sources: Walmart, JD.com's largest shareholder, is raising about $3.6B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after ho


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2024-08-21 05:29:47
milo
Developers , Shooting the breeze / off-topic , Attacks , Policy / Governance

Amy Or / Bloomberg:

Sources: Walmart, JD.com's largest shareholder, is raising about $3.6B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after hours  —  - Share sale marks the end of partnership that started in 2016  — Walmart focused on own online platform amid Sam's Club success




Amy Or / Bloomberg:

Sources: Walmart, JD.com's largest shareholder, is raising about $3.6B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after hours  —  - Share sale marks the end of partnership that started in 2016  — Walmart focused on own online platform amid Sam's Club success



Source: TechMeme
Source Link: http://www.techmeme.com/240820/p29#a240820p29


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