New Dada Archives - Inside Retail Asia
An unexpected JD.com profit upswing has marked the third quarter for China’s largest retailer.
JD.com second-quarter net revenues grew by 43.6 per cent, reaching RMB93.2 billion.
Wal-Mart Stores has further increased its stake in China’s second-largest eCommerce firm JD.com.
Wal-Mart Stores Inc says it will invest $50 million in Chinese online grocery and delivery firm New Dada.