Under the deal, JD.com will issue around 145 million new class A shares to Walmart
Shares of Walmart were trading at $69.07 before the market opened, up from Wednesday's close of $63.15
It is stronger than market expectations for a rise of 0.5%
At present, it operates only in the cash-and-carry space with 21 stores in nine states, of which the last one was opened in Agra in August last year