Walmart to sell China online unit to

Walmart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer Inc for a 5% equity stake in, a strategic alliance that

Rocket Internet cuts losses by 23%in Q1

The major startups of international e-commerce investor Rocket Internet managed to reduce their losses in the first quarter, the German company said on Tuesday, although revenue growth slowed and even went into