China's JD.com Announces $5 Billion Share Buyback Plan
JD.com, one of China’s leading e-commerce giants, has announced an ambitious $5 billion share buyback plan. The company’s board of directors approved this new program, which will allow JD.com to repurchase its shares over the next 36 months starting this…
Walmart Sells Stake in JD.com: A Strategic Move in E-Commerce
In a significant shift for its business strategy in Asia, Walmart is poised to raise up to $3.74 billion by selling its stake in the Chinese e-commerce giant JD.com. This decision reflects Walmart’s renewed focus on its own operations in…