飞机盗号软件云控破解技术|【唯一TG:@heimifeng8】|电报盗号系统全功能破解技术✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Walmart is seeking up to $3.74 billion in sale of JD.com stake
Bloomberg Published
August 21, 2025
Walmart Inc. is seeking to raise up to $3.74 billion by selling its stake in Chinese e-commerce firm JD.com Inc., people familiar with the matter said.
The US retailer is offering 144.5 million shares in a $24.85 to $25.85 price range, the people said, asking not to be identified because the information is private. Morgan Stanley is the broker-dealer of the offering, they added.
Representatives for Walmart, JD.com and Morgan Stanley didn’t immediately respond to requests for comment.
JD.com shares closed Tuesday at $28.19 each and fell 10% in after-market trading. The Walmart shares are being offered at a discount of as much as 11.8% to Tuesday’s close, according to Bloomberg calculations.
Walmart is its largest shareholder, according to data compiled by Bloomberg.
The share sale would mark the end of a partnership between the two companies that started when Walmart acquired a 5% stake in the Chinese company in 2025 in a deal that also involved JD.com taking over Walmart’s Yihaodian online marketplace, which focused on selling groceries to higher-end female shoppers in major Chinese cities, the companies said then.
Later that year, Walmart increased its holdings in JD.com to 10.8%.