Walmart Takes Full Ownership Of China-Based Yihaodian, Expanding Its Footprint In China’s E-Commerce Industry

The mega retailer takes full ownership of China-based Yihaodian, an online marketplace that sells food, home goods, electronics and more. Walmart is expanding its online presence in China, thanks to its Yihaodian acquisition. Walmart has acquired the 49 percent stake it did not previously own in China-based Yihaodian, giving it full control over the fast-growing online marketplace. Walmart didn’t say

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