Is Walmart Owned By China


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

Walmart Inc.
Formerly
  • Wal-Mart Discount City (1962–1969)
  • Wal-Mart, Inc. (1969–1970)
  • Wal–Mart Stores, Inc. (1970–2018)
Type
Public

ISIN


US9311421039

Industry
Retail
Founded
Founder
Sam Walton
Headquarters

,

U.S.
Number of locations
Increase
10,593 stores worldwide (January 31, 2022)


[2]




[3]

Area served
Worldwide
Key people
Products
Supermarket

,

Hypermarket

,

Superstore

,

Convenience shop
Services
Revenue Increase


US$

559.2 billion

(2020)


[4]

Increase

US$22.55 billion

(2020)


[4]

Increase

US$13.70 billion

(2020)


[4]



Total assets

Increase

US$252.5 billion

(2020)


[4]



Total equity

Increase

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

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

    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.

  • Who is Walmart’s owner? Keep reading for more information!
  • 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.

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

    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)

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