Summary by Moomoo AI
On August 20, 2024, Walmart Inc., along with its wholly-owned subsidiaries Newheight Holdings Ltd. and Qomolangma Holdings Ltd., filed an amendment to their Schedule 13G with the U.S. Securities and Exchange Commission (SEC), indicating that they no longer beneficially own more than five percent of JD.com, Inc.'s Class A Ordinary Shares. The filing, which is an update to a previous report, shows that Walmart and its subsidiaries now report owning 0% of JD.com's Class A shares, with no voting or dispositive power over any shares. The companies involved are organized under the laws of Delaware and Luxembourg, respectively. JD.com, a major e-commerce company, is listed on the NASDAQ Global Select Market under the symbol 'JD', with its principal executive offices located in Beijing, China. The filing ensures compliance with SEC regulations and is not intended to influence control of JD.com.
