Walmart's Chinese E-Commerce Website Hits New Highs
According to Yu Gang, chairman of Yihaodian.com, this Chinese B2C e-commerce website realized sales of CNY11.54 billion in 2013.
According to Yu Gang, chairman of Yihaodian.com, this Chinese B2C e-commerce website realized sales of CNY11.54 billion in 2013.
Yihaodian.com, a Chinese business-to-consumer shopping website, has announced that it has reached a strategic cooperation agreement with Walmart Stores Inc. to jointly develop services for the Chinese retail market.
Roland Lawrence, Walmart's chief financial officer for China, and Rob Cissell, the chief operating officer in the country, have reportedly resigned their positions.
According to Rob Cissell, chief operating officer for Walmart China, the company plans to open its first Sam's Club in Shanghai by the end of 2010.
Walmart (China) Investment Company and Walmart Global Procurement office have announced that they have signed a memorandum of understanding on environmentally sustainable development cooperation with Zhonglin Tianhe (Beijing) Forest Certification Center of State Forestry Administration…
In cooperation with Dalian Hongjia, an animal husbandry company that focuses on the production of eggs, Walmart has recently set up its 29th direct procurement base for agricultural products in China.
Carrefour China western regional manager Arnaud Dupont said that the group plans to open five new stores in Sichuan province over the next three years.
Wal-Mart's new store in Beijing's Xuanwumen area opened yesterday.