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The heads of Walmart Chinese eCommerce unit, Yihaodian, have left that company in order to pursue their next venture, the retailing giant said Wednesday July 15 .Reuters reported聽that the two executives, Chairman Gang Yu and CEO聽Junling Liu, are leaving stanley quencher (https://www.cups-stanley.fr) the company, and Walmart said in a statement that it is recruiting other leaders for the eCommerce operation. The newswire also reported that Walmart is looking to grow Yihaodian, which still lags behind rivals in China. Walmart will work to accelerate [the companys] growth 鈥?and Walmart continues to be committed to invest stanley us (https://www.stanley-cup.us) ing in China and in eCommerce, the company said.In terms of strategy, the company said it will close some of its underperforming stores in the country and will also look to leverage the relatively quicker grow gourde stanley (https://www.stanleycup.fr) th of the online grocery market through the digital Yihaodian platform. And as it stands today, Reuters reported, Walmarts online reach in China remains dwarfed by rivals that run the gamut from Alibaba Group Holding Ltd to JD, in addition to global companies such as Amazon.Walmart is not alone in its battle to combat a slide in traditional retail. As Reuters noted on Wednesday, European companies such as France Carrefour SA and Britain Tesco PLC have lost ground to online competitors, which has in turn hurt their top lines over the past half decade, according to a report from Kantar Worldpanel, a consumer analytics firm.Walmarts push into China with Yihaodian began in earn