Wal-Mart to invest $50 million in China online grocer New Dada

SHANGHAI (Reuters) - Wal-Mart Stores Inc will invest $50 million in Chinese online grocery and delivery firm New Dada, the U.S. retailer said on Friday, extending its tie-ups with local online players to help boost sales in the world's second-largest economy.

from Reuters: Technology News http://ift.tt/2eMeLHB