Is Walmart Owned By China In 2022? (Owners, Products + More)

Walmart Inc.

Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas [1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) [2] [3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) [4]
Operating income	US$22.55 billion (2020) [4]
Net income	US$13.70 billion (2020) [4]
Total assets	US$252.5 billion (2020) [4]
Total equity	US$87.53 billion (2020) [4]
Owner	Walton family (50.85%) [5]
Number of employees	2,300,000 (Jan. 2021) [4] U.S.: 1,600,000
Divisions	Walmart U.S. Walmart International Sam’s Club Global eCommerce
Subsidiaries	List of subsidiaries
Website	walmart.com
Footnotes / references [6] [7] [8]

Walmart was founded in Bentonville and has outlets around the globe.

Many people have speculated about the possibility that Walmart could be controlled by China, given its global expansion. Let me tell you what I discovered after much digging.

China Owns Walmart In 2022

China isn’t currently the owner of Walmart. Walmart shares are owned by shareholders and the Waltons, who were Walmart’s founder family. Walton Enterprises LLC, Walton Family Holdings Trust and Walton Family Holdings Trust are family shares that they use. Vanguard Group, an American investor, owns 5% of the shares.

Is Walmart available in China?

Since 1996, Walmart stores are operating in China. You’ll find Walmart HyperMarkets, Sam’s Club, and Walmart Supermarkets in locations such as Beijing and Shenzhen.

There are currently 400 units of retail in over 180 cities across the country. More than 95% are local-sourced merchandise.

Walmart integrated Sam’s Club and Walmart in the Chinese ecommerce sector recently, with around 20 Walmart distribution points across China.

Which percent of Walmart Products Are Made In China?

70-80% of Walmart’s suppliers are located throughout China; however, U.S stores source food locally (including chicken and red meat).

Walmart also has partnerships in China with more than 7000 suppliers, mostly for tech, homewares and clothes.

Walmart: Who is the owner?

Walmart, now owned by The Walton Family, was established in 1962 at Bentonville, Arkansas as Walmart Discount City.

Walton’s family has been active in growing and maintaining Walmart since then.

Today, Walton possesses 50% of overall shares through Walton Enterprises LLC and the Walton Family Holdings Trust.

Conclusion: China Is Owning Walmart

China does not have Walmart. Walmart was created and own by the Walton families. They hold 50% of total shares through Walton Enterprises LLC and Walton Family Holdings Trust. Vanguard Group Inc. are other top American investors.

.Is Walmart Owned By China In 2022? (Owners, Products + More)