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ding2017 · przez **ding2017** » 17 Marzec 2018, o 04:23

Wal-Mart is selling its Chinese online business to the country's No. 2 e-commerce site in a strategic partnership that it hopes will bolster its presence in the extraordinarily lucrative but increasingly competitive online marketplace.

The company said Monday it is giving JD ownership of its Yihaodian e-commerce site in China Men's Air Jordan 1 KO OG Black Sport Blue Shoes Australia , including the brand and app. Wal-Mart's Sam's Club China will open a flagship section on JD, and both companies will leverage their supply chains and broaden the range of imported goods. Wal-Mart will take a 5 percent stake in JD, or nearly 145 million newly issued Class A shares in the company.

Wal-Mart to sell Chinese online business to retailer JD

The move comes as Wal-Mart Stores Inc. is trying to improve its overall business in China, now the fourth-largest international market by sales. Business has been slow and uneven, and it operates just over 400 stores despite entering the country 20 years ago. It sees bolstering its online business as the future to growth in China.

Wal-Mart says it could see a tremendous amount of traffic from JD's huge customer base and its same-day delivery network. JD has nearly 6 Men's Air Jordan 1 OG White Grey Shoes Australia ,000 delivery and pickup stations in about 2,500 counties and districts across China. Yihaodian owns and operates only about 250 hubs.

Though JD's strength is in brand-name electronics, it will be able to help capitalize on Yihaodian's strong brand name and business in eastern and southern China and in important categories such as groceries and household goods.

Food is among the growing number of products that Chinese shoppers are increasingly migrating online to shop for, which is a big reason why traffic has declined at the company's namesake stores in China as well as at its rival's big stores. Sam's Clubs in China, which number 13 Men's Air Jordan 1 Retro Black Metallic Gold Shoes Australia , has been a bright spot in the China business, as the company focuses on affluent Chinese shoppers who have been embracing Western ways of shopping. Wal-Mart has sought to establish itself as a source for high-quality food in the wake of a slew of safety issues in China, and has highlighted imported food to cater to middle-class shoppers looking for premium goods.

Wal-Mart previously had just 1.6 percent of China's overall online market, ranking it No. 6 — well behind powerhouse Alibaba's 46.9 percent and JD's 20.1 percent, according to research firm Euromonitor International. The research firm excludes consumer-to-consumer selling. Wal-Mart had been fighting Alibaba Women's Air Jordan 1 Mid Shoes White Gym Red Australia , JD, and a swarm of smaller, online food sellers.

In a statement issued Monday, Wal-Mart Stores Inc. CEO Doug McMillon said JD has a "very complementary business and is an ideal partner."

Getting China right is key to strengthening Wal-Mart's global online business, which has seen sales growth slow. Wal-Mart said recently that global e-commerce sales rose 7 percent in the first quarter Men's Air Jordan 1 Retro High OG Los Primeros Shoes Black Multi Color Black Australia , weaker than the 8 percent in the previous quarter and far below the 20 percent increases seen less than two years ago. It highlighted stiff challenges not only in China, but in Brazil and the United Kingdom as well.

　　FILE - In this May 9, 2013 file photo, a worker pushes shopping carts in front of a Wal-Mart store in La Habra, Calif. Wal-Mart Stores Inc. says it will be testing its grocery delivery service with ride-hailing companies Uber and Lyft in the next two weeks in Denver and Phoenix. That's in addition to a quiet pilot program that started in March 2016 with Deliv for its Sam's Club customers that involves delivery of general merchandise and grocery for business members in Miami. (AP PhotoJae C. Hong Men's Air Jordan 1 NS Low White Shoes Australia , File)

The retailer took full control of Yihaodian last July after its first investment in the company in 2011 as it seeks to catch up in China, which has a massive potential customer base in the world's largest online marketplace. Since then, Wal-Mart has been trying to accelerate the integration of its online business and physical stores in China. It launched an app last year that lets shoppers order online and pick up goods at the stores in several southern cities.

Last August, JD announced that it would acquire a 10 percent stake in Chinese store rival Yonghui, which has an expertise in fresh food. In December Men's Air Jordan 10 Stealth Retro Black White Shoes Australia , it launched a service that allows shoppers to order groceries and fresh food to their home within two hours. That's now available in about 60 Yonghui stores.

Shares in JD surged 8 percent before trading was halted Monday.

NAIROBI, July 13 (Xinhua) -- China won their first gold medal on the second day of the World U18 Championship in Nairobi through Liu Zhekai, who set a personal best throw of 77.54 meters.

It was the third medal for China after having won two medals, a silver and a bronze on the first day on Monday.

Another Chinese athlete Song Qingshu also won bronze in the boys' javelin to take the Asian giants medal tally to four. South Africa's Johannes Schlebusch won silver in a personal best throw of 75.68 meters.

Germany leads the medal table with two gold and one bronze medals with South Africa second with four medals - One gold, two silver and one bronze.

However Air Jordan 32 Australia , the day's highlight came in the final track event of the day, the boys' 110m hurdles heats.

Running in the first heat, De'Jour Russell of Jamaica took his personal best from 13.31 (already a world-U18-leading time this year) all the way to 13.08.

The time made him the second fastest U18 athlete of all time, behind his compatriot Jaheel Hyde's world U18 best of 12.96.

None of the other hurdlers came close to Russell's performance, but there were other notable runs Air Jordan 31 Australia , including the remaining heat winners: Enrique Llopis of Spain with 13.47 (a personal best by 0.25), Lu Hao-hua of Chinese Taipei with 13.57 and Saoud Al-Humaidi of Qatar with 13.72.

The early exit of Zayed Al Shamsi of the United Arab Emirates was also notable. The third f. Cheap Jerseys China Cheap Jerseys From China Cheap Jerseys Cheap Jerseys Cheap Jerseys From China Cheap Jerseys Free Shipping Cheap NFL Jerseys Cheap New NFL Jerseys Cheap NFL Football Jerseys Wholesale Jerseys

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valdunn · przez **valdunn** » 24 Maj 2018, o 05:44

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