Walmart Sells JD.com Stake Amid Shifts in China and E-Commerce Markets

The retail giant focuses on its own Chinese operations as JD.com faces market challenges.

Walmart sold its entire stake in JD.com for $3.6 billion, ending an eight-year partnership.
Despite the sale, Walmart's China operations are thriving with 17.7% sales growth in the last quarter.
JD.com's stock dropped significantly following Walmart's exit, reflecting broader market pressures.
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