In the news: Walmart takes full control of China JV, Tsinghua Unicom bids for Micron and the SPC stops debtors from taking trains

This week Walmart took acquired the remaining shares of Yihaodian, Tsinghua Unicom's US$23 billion bid for a US chipmaker flagged cybersecurity concerns and people who failed to make court-ordered payments were banned from taking China's trains

4 minute readJuly 28, 2015 at 08:17 AM

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Walmart acquires full ownership of Yihaodian

Wal-Mart Stores has taken 100% ownership of Yihaodian, its Chinese e-commerce venture. The co-founders of Yihaodian announced their departures earlier this month. Walmart acquired the remaining 49% shares from Ping

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