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Walmart said to raise US$3.6 billion from sale of JD.com stake, fuelling China tech slump

The deal comes as a property crisis, market volatility and uncertain job prospects take a toll on consumption in mainland China.

By: scmp.com

Aug 21 2024
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Walmart said to raise US$3.6 billion from sale of JD.com stake, fuelling China tech slump

The deal comes as a property crisis, market volatility and uncertain job prospects take a toll on consumption in mainland China.

Walmart said to raise US$3.6 billion from sale of JD.com stake, fuelling China tech slump

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