• Wal-Mart to take majority stake in China e-commerce firm (Reuters)

    This entry was posted by Monday, 20 February, 2012
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    Reuters – Wal-Mart Stores Inc said on Monday it is taking a controlling stake in Chinese e-commerce firm Yihaodian, as the world’s largest retailer seeks new revenue sources to fend off rising competition in the world’s fastest-growing major economy.

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    Wal-Mart to take majority stake in China e-commerce firm
    (Reuters)

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