Economics
Wal-Mart Plans to Crack Chinese Market by Delivering Within Hours
- Retailer to offer imported goods from its global stores: CEO
- Wal-Mart can now deliver to 90 percent of Chinese consumers
Wal-Mart Increases China Investment
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Wal-Mart Stores Inc. has hit the reset button on its China strategy in dramatic fashion.
The world’s largest retailer is making an ambitious push into e-commerce in China and aims to deliver goods from its stores around the world to Chinese consumers within hours. Shoppers in select remote villages could even see their Wal-Mart products being delivered by drones as part of a pilot project by its Chinese partner, JD.com Inc.