Chinese Online Retailer Probes Security Breach

Yihaodian, a Chinese online retailer backed by Wal-Mart Stores Inc., is probing a possible security breach, in what appeared to be the latest attempt to steal consumer data in China's growing e-commerce sector. Yihaodian, Wal-Mart's online arm in China, is working with local public-security officials to investigate the breach, a spokeswoman for the Shanghai-based company said.