JD.com, a major Chinese e-commerce player, must now prove its relevance in a tough market landscape following Walmart’s complete exit from its
Walmart, the largest shareholder of Chinese e-commerce firm JD.com, has officially sold its entire stake, marking the end of an eight-year investment.
JD.com’s shares soared by 12% in U.S. premarket trading on Wednesday after the company reported fourth-quarter revenue that surpassed analyst estimates. The