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China's JD.Com Higher After Report Of Restructuring
Thursday, December 27, 2018 - 1:10pm | 435Shares of China-based e-commerce giant JD.Com Inc (NASDAQ: JD) were trading higher Thursday after the company is reportedly looking to restructure its largest unit by revenue. What Happened JD's largest unit by revenue, JD Mall, will undergo a restructuring that will see the creation...
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Wal-Mart Finds A Big Partner In China
Tuesday, June 21, 2016 - 1:06pm | 345Wal-Mart Stores, Inc. (NYSE: WMT) is aggressively attempting to adapt to the global shift to e-commerce, and the company’s most recent move is to abandon its plans to take on the Chinese e-commerce market alone. Instead of fighting for market share in an extremely crowded and difficult...