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Walmart Selling JD.com Stake To Focus On Its Own China Operations

Walmart is seeking to raise up to $3.74 billion (€3.40 billion) by selling its stake in Chinese e-commerce firm JD.com, according to a term sheet seen...

Amazon Earned €581 Per Second In 2023, Study Finds

Online giant Amazon earned $636 (€581) per second last year, new data on the global e-commerce market has found, more than its Chinese rivals Alibaba...

China's 'Singles Day' Wraps Up With E-Commerce Giants Reporting Sales Growth

China's largest e-commerce player Alibaba Group said it recorded year-on-year growth over this year's 'Singles Day' sales period, while rival JD.com report...

Top Retailers And FMCG Firms In Asia-Pacific By Market Cap

ESM looks at the market capitalisation of the top retailers and consumer goods firms in Asia Pacific, as of the fourth quarter of 2022.

Top Global Retailers See 1.3% Decline In Cumulative Market Capitalisation In Q4 2022: GlobalData

The world's top 25 retailers have witnessed a 1.3% quarter-on-quarter decline in their cumulative market capitalisation, from $3.37 trillion in the third q...

China's Pinduoduo Beats Revenue Estimates, Eyes Overseas Growth

Shanghai-based e-commerce giant Pinduoduo Inc has reported quarterly revenue above estimates, buoyed by a major shopping festival and price promotions to l...

Grocery Shopping Is Getting Social – Analysis

Laurent Thoumine, Managing Director and Retail Lead, Europe, Accenture, explores the growth of social commerce.

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