JD.com Inc. is rumored to have agreed to acquire Yihaodian, a Chinese e-commerce platform owned by Wal-Mart Stores, Inc., in a deal structured to establish a JD.com-and-Wal-Mart alliance to compete with rival Alibaba Group Holdings Ltd. According to Chinese media reports, JD.com emerged as the final taker of Yihaodian, for a reported price tag of […]
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