China: Walmart to acquire majority stake in Yihaodian

(The Paypers) US-based multinational corporation Walmart has revealed plans to acquire a majority stake in Chinese e-commerce firm Yihaodian, to face competitors on the Chinese market.... (The Paypers) US-based multinational corporation Walmart has revealed plans to acquire a majority stake in Chinese e-commerce firm Yihaodian, to face competitors on the Chinese market.

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