Walmart seeks to raise $3.74 bln in sale of JD.com stake, Bloomberg News reports-June 2024-www.financetom.com

Walmart seeks to raise $3.74 bln in sale of JD.com stake, Bloomberg News reports

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Walmart seeks to raise $3.74 bln in sale of JD.com stake, Bloomberg News reports

Aug 20, 2024 9:39 PM

Aug 20 (Reuters) - U.S.-based retailer Walmart ( WMT )

is seeking to raise up to $3.74 billion by selling the company's

stake in Chinese e-commerce firm JD.com ( JD ), Bloomberg

News reported on Tuesday, citing people familiar with the

matter.

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