Wanda's commercial management branch and Tencent will hold 51 percent and 42.48 percent shares of the new company, respectively, while GaoPeng, a joint venture by US group-buying website Groupon and Tencent, will hold the remaining 6.52 percent.
Walmart, the world's largest retailer, said second-quarter sales at domestic stores and websites operating at least 12 months increased 2.8 percent driven by strong grocery sales. The company reported second-quarter revenue of 0.4 billion, up 1.8 percent from a year ago. Walmart has reported growth for 20 quarters, or five years, an achievement unmatched by any other retail chain.
WASHINGTON -- More than 14.5 million people in the United States have contracted COVID-19 so far, and the vast region of California will enter a new stay-at-home order on Sunday night.
WASHINGTON — Not two weeks ago, President Donald Trump wagged his finger at a Republican senator and scolded him for being "afraid of the NRA," declaring that he would stand up to the powerful gun lobby and finally get results on quelling gun violence following last month's Florida school shooting.
WASHINGTON - US President Donald Trump said on Tuesday his administration had informed Congress of a potential arms sale to update Greece's F-16 aircrafts.
WASHINGTON - The International Monetary Fund (IMF) on Tuesday kept its growth forecasts for the world economy unchanged for this year and next year, but warned that a potential broad-based trade conflict threatens to derail global growth prematurely.
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Wan, from Shanghai, was the youngest contestant in a coding competition held in Hangzhou, Zhejiang province, on Wednesday by Alibaba Group affiliate Ant Financial.
Wang Fumin, deputy director of the Guangdong Department of Transportation, said the government might introduce a procedure to allow passengers to contact police more easily in emergencies.
WHO Director-General Tedros Adhanom Ghebreyesus said at the summit that while a vaccine is essential, vaccines only realize their true power when they are used to protect the poorest and most vulnerable. "Our shared duty is to ensure that once a vaccine is available, it's available to everyone," he said.
WASHINGTON - US President Donald Trump on Thursday paid an unannounced visit to Afghanistan, where he confirmed that the United States is holding talks with Afghan Taliban, according to the White House.