American retailer Wal-Mart has signed a deal with online payments provider Alipay to help consumers pay for goods in China. Wal-Mart will begin the cooperation within 25 of its outlets in Shenzhen. Based on the market response in this southern Chinese city, Wal-Mart plans to gradually expand the coverage of this new service throughout mainland […]

Yihaodian.com, a Chinese B2C e-commerce website and Internet retailing subsidiary of Wal-Mart, announced a new mobile phone strategy. Wei Huazhen, vice president of Yihaodian.com, said during the company's latest press conference that the company will attach more importance to the mobile phone sector. Based on its "D50" pricing strategy, the company will continue to expand […]