Walmart Creates New China Strategy, Sells Yihaodian to JD.com

| Daniela Forte

Walmart has entered a joint venture with JD.com that will create a shift in Walmart’s ecommerce strategy in China. The U.S. retail giant has sold its Yihaodian ecommerce marketplace to Chinese marketplace operator JD.com, and plans to retain the Yihaodian direct business and set up a retail presence on JD.com. Here’s what the deal means to both retailers.

WalMart Sees Slower Growth Globally in Q2

| Daniela Forte

While WalMart in the U.S. is moving full-steam ahead both online and in-store, internationally the company is seeing slower growth in several key markets. See how Wal-Mart is doing globally with its business.