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Latest News & Analysis
Financial Markets

Wal-Mart Buys Out China E-Retailer Yihaodian as Founders Leave

Wal-Mart Stores Inc. bought the remaining 49 percent stake it doesn’t already own in Yihaodian, a Chinese e- commerce company, a week after its founders left to start a new venture.

Financial Markets

Wal-Mart Buys Out China E-Retailer Yihaodian as Founders Leave

Wal-Mart Stores Inc. bought the remaining 49 percent stake it doesn’t already own in Yihaodian, a Chinese e- commerce company, a week after its founders left to start a new venture.