Walmart’s top e-commerce executive Casey Carl is leaving his post after less than two years. Carl, who was hired to run the retailer’s e-commerce business in the fall of 2020, will exit at the end of February, the Wall Street Journal reported on Thursday. Carl is among a few c-suite executives who are planning to leave the retail giant this year. Last week, Walmart announced that its chief...
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Chinese Investment Giant Hillhouse Capital Seeks to Expand Outside China
Hillhouse Capital Group, the Chinese sprawling investment powerhouse that has drawn comparisons to Tiger Global Management, has a new challenge: growing outside China. The firm is best known for investments in Chinese tech giants such as Tencent, JD.com, Didi Global and TikTok owner ByteDance. But the devastation of China’s private equity and venture capital sectors, caused by...
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