It is reported that JD.com has acquired all of Dada’s shares held by Walmart, and its shareholding ratio has increased to 63.2%.

Walmart sold its entire stake in JD.com, ending an eight-year investment partnership and focusing on its own business in China.

In its latest regulatory filing with the U.S. Securities and Exchange Commission (SEC), U.S. retail giant Walmart disclosed after the U.S. stock market session on Tuesday that it had reduced its entire stake in Jingdong shares.

According to GlobalData's analysis, at least 10 North American consumer discretionary companies that have reported earnings reported lower revenue growth than in the previous quarter.

On March 19 this year, Walmart experienced a technical failure, resulting in the self-service checkout terminal being unable to receive the price data stream in 1600 stores.

In recent years, Amazon's business has grown rapidly. Last year, its revenue reached 575 billion dollars, with an annual growth rate of 12%. In contrast, Walmart's growth rate was only 6%.