Wal-Mart buys out China e-commerce firm Yihaodian in online push
Wal-Mart Stores Inc has taken full ownership of Chinese e-commerce firm Yihaodian.com, buying out the 49 percent stake that it did not already own to accelerate its push online, the U.S. retail giant said on Thursday.
Jul 23, 2015, 15:18 PM IST
China e-commerce firm JD.com to launch credit-scoring rival to Alibaba's
JD-ZestFinance Gaia and competitor Sesame Credit, part of Alibaba-affiliated Ant Financial Services Group, hope to use the e-commerce sites` vast swathes of shopping data to turn out a reliable credit risk score.
Jun 26, 2015, 14:05 PM IST
