BRIEF: Walmart sells Dada Nexus stake, finalizing divorce with JD.com
Walmart Inc. (WMT.US) has sold its 9.3% stake in Chinese intracity delivery company Dada Nexus Ltd. (DADA) to Dada’s majority stakeholder JD.com (JD.US; 9618.HK), according to a U.S. stock exchange…
East Buy ditches tuition to become pure e-commerce player
The former leader in online education is shedding its remaining tutoring business to concentrate on livestreaming and online product sales Key Takeaways: East Buy is selling its tutoring business to…
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