Walmart Increases its Stake in China’s E-commerce Platform to 10.8%

Wal-Mart Stores Inc is pushing more aggressively onto Alibaba Group Holding Ltd’s turf. The Bentonville, Arkansas-based retailer boosted its stake in China’s second-largest e-commerce website Inc, strengthening an alliance to win more market share in the world’s largest online market…Full Article: China Daily Oct 2016 Key Point Walmart’s share in rose from 5.9%

Executives from Walmart and Meet Weekly to Map Out Retail Strategy in China

The cooperation between Wal-Mart Stores Inc and Inc will not affect the American multinational retailer’s plan for bricks-and-mortar stores in China, but the flagship internet store of Sam’s Club China will be opened on JD in a few months…Full Article: July 2016 Key Point From 2015 to 2017, Walmart plans to open 115 Partners with Shanghai Cold Storage Company to Supply Fresh Produce in Tianjin

Jingdong (one of China’s leading e-commerce platforms) [] fresh produce and Zhengming Logistics jointly open their cold storage in Tianjin Lanxi cold chain logistic center.  This one serves as Jingdong’s first cold chain storage in Tianjin city, which will be operated through Shanghai Zhengming logistic system. Thanks to its minus 18 degrees’ cold chain, customers

E-Commerce Site,, Buys 10% Stake in Fujian’s Yonghui Superstores

Chinese online retailer said on Friday [7 August 2015] that it has bought a 10-percent stake in domestic supermarket Yonghui Superstores for 4.31 billion yuan (around 700 million US dollars). The deal is part of the online retailer’s campaign to leverage existing networks of bricks-and-mortar stores to boost its supply chain and diversify its

China’s Government to Promote the Development of E-Commerce Sites That Sell Agricultural Goods

A government-backed drive toward e-commerce can help open up the agricultural sector and generate a rapid in-crease in incomes for farmers. At a regular meeting of the State Council in late March, Premier Li Keqiang said it was crucial to modernize the industry, with technology playing a major role. Half of China’s 1.34 billion population