Here’s what you should know.

1. Supermarket giant Walmart now owns 12% of China’s JD 

Walmart first took a 5 percent stake in JD mid-2016, but has since quietly upped the ante in China’s online shopping battle by acquiring more of the Alibaba arch-rival. Walmart’s JD stake is now worth US$5 billion.

Rising on the back of China’s ongoing ecommerce boom, JD has seen its valuation rise nearly 60% since its 2014 IPO in the US.

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2. iFashion Group buys Singaporean lifestyle brand Megafash for $2.5m

Megafash specializes in showcasing smaller, independent brands through a combination of online retail and physical stores. The startup has been operating in Singapore, Indonesia, and Thailand. After the acquisition, it will continue under its own brand.

Megafash co-founder Jeremy Khoo joins iFashion as CEO.

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3. Recommended Reading: A virtual empire

Chinese giant Alibaba Group Holdings is gearing up to bridge online shopping with physical shopping through VR and AR.

“We want to create a new economy where the online world is integrated with the physical world,” said Jack Ma. “We’re building an economic entity, a virtual economy on the internet.”

The company has also begun to use technology for logistics.

“We’ve used technology to make a smart fulfillment network through 163 warehouses and 140,000 routes. Our data analytics can be used to analyse the shortest routes and help merchants manage their inventories,” said Judy Tong, chief executive of Cainiao Network, Alibaba’s logistics arm.

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