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Wal-Mart Acquires Minority Stake in Yihaodian

21st Century Business Herald, 5/16/11

Yu Gang, co-founder and chairman of Shanghai-based Yishiduo E-Commerce, operator of B2C e-commerce website Yihaodian, yesterday said that he could not yet disclose details concerning the company's cooperation with global retail giant Wal-Mart, but an announcement would be made next week. Read More