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Aggregated China Business Blogs
Wal-Mart Takes Full Ownership Of Ping An-Backed Yihaodian
Aggregated Source: China Money Network
Wal-Mart Stores, Inc. has acquired the remaining stake of Yihaodian it does not already own to take full ownership of the Chinese e-commerce firm, according to a company announcement. Pricing and other details of the deal are not disclosed. Wal-Mart acquired the remaining shares from Yihaodian's founding shareholder, Ping An Insurance (Group) Company of China, […]


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