Walmart purchased Jet in August for .3 billion.The deal combined an ambitious?e-commerce startup with a physical retail giant, both of whom?have struggled to dent Amazon’s online business on their own. ShoeBuy’s inventory of more than 1 million items spread across 800 brands, including shoes, clothing, accessories and bags, will help bolster?Jet’s presence in the apparel arena.
WELLINGTON, New Zealand - About 700 residents were evacuated from a New Zealand town on Friday as a forest fire threatened the area.
WASHINGTON -- US President Donald Trump said on Tuesday that he was going to name a new US ambassador to the United Nations within two or three weeks following Nikki Haley's resignation.
WASHINGTON — US President Donald Trump said on Friday that Congressman Mark Meadows will become the new White House chief of staff.
Wang Chen, director of the National Center for Respiratory Medicine and president of the Chinese Academy of Medical Sciences, speaks at a ceremony to mark the launch of the center in Beijing, July 26, 2020. [Photo by Zhu Xingxin/chinadaily.com.cn]
WASHINGTON - US President Donald Trump told the Reuters news agency at the White House on Monday that he would "most likely" meet with the top leader of the Democratic People's Republic of Korea (DPRK), Kim Jong-un, for a second time.
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WM Motor's EX5 model is displayed at the CES Asia show in Shanghai early this month. [Photo by Li Fusheng/China Daily]
Walmart is paying billion for a 77 percent stake in Flipkart, the company announced Wednesday, with the remainder controlled by existing investors such as Tencent, Microsoft, co-founder Binny Bansal and Tiger Global. The deal is a mix of billion in new equity and Walmart buying out other shareholders. Long-term, Walmart aims to support Flipkart’s transition to a publicly listed subsidiary.
WASHINGTON - US President Donald Trump on Wednesday called on Russia to pull its troops from Venezuela and warned that "all options" were open to make that happen.
WUHAN - If not for the arrival of Chinese scientists, Meshack Mutevu would still be living in a house with a metal roof and mud walls like his forefathers, subsisting on a few mango trees and raising goats.