With Wal-Mart’s help, China’s JD.com grows Q1 sales 40%
Don Davis
JD.com Inc. has been a distant second to Alibaba Group Holding Ltd. in online shopping in China. But now backed by Wal-Mart Stores Inc., the world’s largest retailer by sales, JD may be in a position to close the gap. The Beijing-based company whose shares are traded on the Nasdaq exchange, reported today net revenue […]