Wal-Mart to enter the Chinese e-commerce market

British "Financial Times" reported on December 28, the rapidly expanding e-commerce market in China has attracted the world's largest retailer Wal-Mart (Walmart) attention. Wal-Mart along with other five companies will reportedly is China's largest online appliance vendors - Jingdong Mall (360buy.com) invested 500 million U.S. dollars. Currently, Alibaba's Taobao, the Joyo Amazon websites such as online market in China has occupied a place, Wal-Mart seems to have chosen another place allies.