Monday, February 20, 2012

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

[unable to retrieve full-text content]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.

Source: http://us.rd.yahoo.com/dailynews/rss/china/*http%3A//news.yahoo.com/s/nm/20120220/bs_nm/us_walmart_china

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