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Wal-Mart eyes China turnaround with JD.com deal

2016-06-21 12:51:00| Daily apparel & textile news and comment - from just-style.com

Wal-Mart has swapped its Chinese online grocery business for a stake in the country's second largest e-commerce site, in a move that will likely see the US retail behemoth attempt to turn around its China business.

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