Walmart Inc. (WMT)
Walmart (WMT) Pulls Out of JD.com to Solidify Core China Operations
Walmart's (WMT) decision to divest its stake in JD.com is likely to help it focus on strengthening its core operations in China, including Walmart China and Sam's Club.
Walmart+ Courts Fast-Food Diners With Burger King Partnership
Walmart has teamed with Burger King in its latest effort to boost its subscription program. The retail giant and the fast food chain have begun offering what they describe as a “first-of-its-kind” dining benefit to Walmart+ members, the companies announced Thursday (Aug. 22).
Free Whopper? Walmart+ Offers Cheap Burger King as It Chases Amazon Prime
Members of Walmart+ will soon get discounted meals at Burger King, the latest in a string of new benefits as the membership program chases its far larger rival, Amazon AMZN 0.69%increase; green up pointing triangle Prime.
Walmart tears up China online strategy with JD.com stake sale
Walmart's stake in Chinese e-commerce firm JD.com was once central to its China strategy.
Why JD.com Stock Was Sliding Today
Walmart sold approximately $3.6 billion in JD.com stock, its entire stake in the company. The move comes eight years after Walmart acquired the stock.
JD.com Stock Slides as Walmart Sells Stake
JD.com Inc (NASDAQ:JD) stock is sliding today, after Walmart (WMT) confirmed it was selling its stake in the China-based e-commerce giant to focus on other things such as China operations for Walmart China and Sam's Club.
JD.com Stock Slides as Walmart Sells Stake
JD.com Inc (NASDAQ:JD) stock is sliding today, after Walmart (WMT) confirmed it was selling its stake in the China-based e-commerce giant to focus on other things such as China operations for Walmart China and Sam's Club.
JD.com Stock Sinks as Walmart Sells Stake in China E-Commerce Firm
U.S.-listed shares of JD.com (JD) tumbled Wednesday as Walmart (WMT) confirmed that it sold its stake in the Chinese e-commerce giant.
Walmart shares tick higher following JD.Com sale
Walmart Inc (NYSE:WMT, ETR:WMT) might have pulled the rug from the share price of JD.Com overnight, but the retail giant's investors seemed far happier with the decision to sell all its stake in the Hong Kong-listed e-commerce platform. Shares in Walmart were up more than 1% today at US$75.36 following a near 10% drop for JD.Com overnight.
Walmart Emerges As a Winner, Despite Evidence of Consumer Spending Slowdown. Time to Buy the Stock?
While consumer spending may be slowing, Walmart continued to put up strong results. The retailer of low-priced goods is bringing higher-income customers into its stores.
Walmart Sells JD.com Shares Amid Increased Focus on China
Walmart has sold its entire stake in Chinese eCommerce giant JD.com. The move, announced in a securities filing Tuesday (Aug. 20), comes as Walmart is increasing its own focus on China's retail sector.
JD.com Leads Chinese Tech Stocks Lower. Why Walmart's Stake Sale Is a Big Worry.
Chinese tech stocks were tumbling on Wednesday, as news of Walmart's plan to ditch its entire stake in the e-commerce company JD.com spooked investors.
