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JD.com

Video Forum: China’s drug store market, Part 2

Video Forum: China’s drug store market, Part 2

In the second of two episodes about the drug store market in China, Video Forum examines the impact of e-commerce. Ed Rowland, principal of Rowland Global LLC, and Alice Wang, a Shanghai-based consultant and instructor at Alibaba’s Taobao University, share insights about younger consumers’ embrace of online-to-offline services, the growing presence of Alibaba and JD.com

Walmart to sell Chinese e-commerce unit

Walmart to sell Chinese e-commerce unit

BENTONVILLE, Ark. — Walmart intends to sell its Yihaodian e-commerce business in China to JD.com Inc., that country’s largest  e-commerce retailer by revenue. The deal is part of a strategic partnership between the two companies that meant to boost Walmart’s online sales and in-store traffic in China, while expanding JD.com’s e-commerce business. As part of