Walmart China announced today (Dec. 17) a strategic partnership with Meituan (03690).
The two parties will leverage their respective strengths to collaborate deeply in areas such as instant delivery, product diversity, product operations, digital customer capabilities, and digital marketing, aiming to provide customers with a more convenient shopping experience.
Currently, Walmart stores in mainland China have fully integrated with Meituan and are utilizing Meituan's delivery services.
Currently, Walmart China's e-commerce business accounts for nearly half of its operations. Walmart China and Meituan stated that this partnership will help more customers enjoy diverse shopping experiences across various scenarios.
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