Wal-Mart nearly doubled its investment in Chinese e-commerce platform JD.com and its shareholding scale increased from 5.9% to 10.8%.
Chinese B2C e-commerce websites Dangdang.com and Yhd.com announced that the two parties have reached a strategic cooperation to enter each other's open platforms while their respective official flagship stores have opened to netizens.
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 B2C e-commerce website and a subsidiary of Wal-Mart, announced that since the launch of its open supply chain platform named "Service by Yihaodian" in June 2012, this project has attracted over 400…
Wal-Mart reached an agreement with the Chinese e-commerce retail website Yihaodian.com to increase its stake in the website to nearly 51%.
Chinese Internet portal NetEase.com has launched a new coupon platform, Quan.163.com, marking its latest online move following the unveiling of its recent lottery and insurance e-commerce businesses.
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.