2065438+In July, 2005, Wal-Mart acquired the shares of Store 1 from its founder and Ping An. Wal-Mart will acquire the shares of Store 1 that it has not yet held, and will wholly control the latter. Store 1 will continue to operate under its current name. Wang Lu, President of Wal-Mart Global E-Commerce Asia, will be in charge of 1 store.
The e-commerce website/store KLOC-0/was launched on July, 2008 11,which initiated the "online supermarket" in China's e-commerce industry. The company has independently developed a number of internationally advanced e-commerce management systems, and has a number of patents and software copyrights. It has invested heavily in system platform, procurement, warehousing, distribution, customer relationship management and other aspects to build its own core competitiveness, ensure the low-cost, fast and efficient circulation of high-quality goods, and allow customers to fully enjoy a brand-new lifestyle and affordable and convenient shopping.
Reference 1 Store _ Baidu Encyclopedia