Finance

Walmart's Bold Move: Teaming Up with Meituan to Capture China's E-Commerce Market!

2024-12-17

Author: Ken Lee

SHANGHAI (Reuters) - In an unprecedented gamble to elevate its presence in China’s booming e-commerce landscape, Walmart (WMT) has officially partnered with Meituan, China’s leading delivery service giant.

This alliance will enable Meituan to deliver Walmart products directly to customers while prominently featuring Walmart on its popular app.

Strategic Collaboration