America's Walmart and JD.com, China's largest e-commerce company by revenue, have announced that they have formed a strategic alliance to better serve consumers across China through a powerful combination of e-commerce and retail.
The agreement between the companies includes a wide range of business initiatives, covering both online and#
“Walmart is synonymous with trusted-quality efficient retailing, and we believe that this tie up will increase both product selection and overall user experience. We look forward to further developing Yihaodian, which has tremendous strength in important regions of eastern and southern China. Yihaodian will continue offering the outstanding user experience its customers have come to expect, which we will further augment by leveraging our unparalleled logistics capabilities and breadth of product categories,” said Richard Liu, CEO of JD.com. (SH)
Fibre2Fashion News Desk – India