The market has been bracing for the 60% tariffs that President Donald Trump has been threatening to levy on Chinese imports ever since the 2024 presidential election campaign. The countdown has begun ...
The 10% tariff on China imports is especially impactful to Walmart. A recent on-site research effort has led me to estimate that 75% or more of Walmart's non-grocery products are imported from China.
Meituan will provide delivery services for Walmart products. Walmart has partnered with Chinese delivery and services platform Meituan to boost its e-commerce growth in China, Reuters reported.
From the poorly designed store to the confused inventory of products, it was obvious why Walmart has struggled in the country. Walmart was one of the first big international brands to enter China ...
As part of this agreement, Meituan will provide delivery services for the retail giant’s products in China and will be featured on Meituan’s widely-used app. The move comes as Walmart aims to ...