Monday, December 27, 2010

Walmart invests in China’s

Walmart, the world’s largest retailer by sales, has invested in China’s largest e-commerce consumer electronics seller,, in a move that underlines the growing interest of global retailers in China’s rapidly growing online market.The retailer was one of six investors in a round of funding that raised $500m for 360buy, whose rivals include Taobao, the dominant online marketplace owned by

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