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Walmart Reportedly Wants To Sell JD.com Stake For Up To $3.74 BillionBy Press Room21 August 2024 Walmart Inc. says it’s looking to sell its entire stake in Chinese e-commerce giant JD.com, as the American retailer adjusts…
PDD Holdings’ Colin Huang Briefly Becomes China’s Richest PersonBy Press Room8 August 2024 Colin Huang, founder of e-commerce behemoth PDD Holdings, briefly replaced beverage giant Nongfu Spring’s founder Zhong Shanshan as China’s richest…
China’s Second-Richest Man, Colin Huang, Faces Online Vendors CrisisBy Press Room31 July 2024 PDD Holdings, the online shopping giant founded by China’s second-richest billionaire Colin Huang, is facing a crisis after vendors on…