Sources: Walmart, JD.com's largest shareholder, is seeking to raise up to $3.74B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after hours (Amy Or/Bloomberg)

Sources: Walmart, JD.com's largest shareholder, is seeking to raise up to $3.74B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after hours (Amy Or/Bloomberg)




Amy Or / Bloomberg:

Sources: Walmart, JD.com’s largest shareholder, is seeking to raise up to $3.74B by selling its stake in the Chinese e-commerce firm; JD falls 9%+ after hours  —  – Walmart is offering shares in $24.85-$25.85/each range  — Share sale marks the end of partnership that started in 2016





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