Walmart dumps its stake in China e-commerce giant JD.com at an 11% discount from Tuesday's closing share price
Briefly

Walmart's recent decision to sell its stake in JD.com highlights its shift in strategy towards strengthening its own e-commerce offerings amid challenges in the Chinese market.
The sale allows Walmart to better focus on the Chinese market's strong development prospects, particularly for its Sam's Club and hypermarket operations, amid declining returns from JD.com.
Read at Fortune Asia
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