SHANGHAI, CHINA, 2015-7-24 — /EPR Retail News/ — Wal-Mart Stores, Inc. (NYSE: WMT) today announced it has acquired the outstanding shares in Yihaodian, taking full ownership of its fast-growing e-commerce business in China. Wang Lu, president and CEO of Walmart Global eCommerce in Asia, will lead Yihaodian as part of his overall executive responsibilities.
With full ownership…