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Wal-Mart Selling Chinese Online Business To JD.com

Posted by Teri Schroder on Jun 20th, 2016

Wal-Mart Stores Inc. (NYSE:WMT) has announced its intentions to sell its online business in China to JD.com, the country’s largest e-commerce site when measured by revenue and second largest by market share. As part of the deal,... More »

Wal-Mart Takes On Amazon With Grocery Delivery Service

Posted by Teri Schroder on Jun 3rd, 2016

Wal-Mart Stores Inc. (NYSE:WMT) has decided to directly challenge Amazon (NASDAQ:AMZN) in the grocery arena by adding store to door delivery service in select areas of the country. Before the start of its annual meeting on Friday,... More »