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Saturday, October 13, 2012

Walmart's Chinese E-Commerce Buy Comes With a Catch

China's Ministry of Commerce is forcing Yihaodian, China's biggest food e-commerce site, to reorganize in the wake of Walmart's purchase of a 51.3 percent stake in the company. The anti-monopoly ruling will require that Yihaodian separate its business-to-consumer services at yihaodian.com from its third-party offerings, which will be moved to a separate, thus far nonexistent site.


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