Wal-Mart Stores Inc. is switching strategies in China, striking a deal to forge a partnership with one of the country’s largest e-commerce players rather than continue trying to crack the fast-growing but competitive market on its own.Wal-Mart on Monday said it will sell its Yihaodian website to JD.com Inc.—the second-largest online retailer in China Wal-Mart will receive a 5% stake in JD.com, valued at roughly $1.5 billion at recent prices, and access to JD.com’s delivery network and shoppers.
JD.com American depositary shares rose 4.6% to $21.06 on the Nasdaq Stock Market amid the news, which was reported earlier by The Wall Street Journal. Wal-Mart shares rose slightly to $71.10 on the New York Stock Exchange.
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Ecbilla - ecommerce blog
Designs in Ecommerce website or online store have to be visually appealing at the very first look as it plays a vital role in getting a good impression from the visitors.
It makes the user to travel your site with ease. Visuals have the power to influence the purchase decision of the customers which will in turn increase sales.
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Ecbilla - Ecommerce blog
Before knowing about B2B E-commerce model you should have a clear understanding on B2B and E-commerce separately. In simple terms, B2B involves commercial transaction between businesses and E-commerce involves buying & selling goods via an electronic network.
B2B E-commerce involves electronic business transactions between companies where both the suppliers and buyers are business organizations. A business entity can connect with their distributors, suppliers, wholesalers via electronic mode. In this model raw materials, manufacturing, wholesaler & retailers are market chains and Government, transportation, communication & banks are intermediaries.
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