Monday, February 20, 2012

Wal-Mart increases stake in Chinese e-commerce firm (Reuters)

[unable to retrieve full-text content]Reuters - Wal-Mart Stores Inc said on Monday it has reached an agreement to raise its stake in a Chinese e-commerce firm, Yihaodian, to around 51 percent as the world's largest retailer aims to boost its presence in China's fast growing consumer market.

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

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