Is Walmart Owned By China In 2022? (Owners, Products + More)
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Formerly |
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Type |
Public |
ISIN |
US9311421039 |
Industry |
Retail |
Founded |
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Founder |
Sam Walton |
Headquarters |
,
U.S.
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Number of locations
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10,593 stores worldwide (January 31, 2022) [2] [3] |
Area served
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Worldwide |
Key people
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Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
Services | |
Revenue |
US$ 559.2 billion (2020) [4] |
US$22.55 billion (2020) [4] |
|
US$13.70 billion (2020) [4] |
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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
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
Divisions |
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Subsidiaries |
List of subsidiaries |
Website |
walmart.com |
Footnotes / references [6] [7] [8] |
Walmart was started in Bentonville. It has over 12,000 stores around the globe.
Where can you find Walmart in China
Walmart stores operate in China as of 1996. You’ll find Walmart HyperMarkets, Sam’s Club, and Walmart Supermarkets in locations such as Beijing and Shenzhen.
The number of units available in retail outlets in China is now over 400.
Recently, Walmart has integrated Walmart and Sam’s into the Chinese e-commerce industry with approximately 20 Walmart distribution stations across China.
What percent are Walmart Products Made in China?
70 to 80% Walmart suppliers are located in China. U.S. retailers source food locally however (including chicken, red meat and fish).
Walmart also works with China to establish partnerships, especially for homewares and technology.
Who Owns Walmart?
Walmart now belongs to The Walton Familie, following its 1962 founding in Bentonville Arkansas as Walmart Discount City By Sam Walton.
Walton’s family has been active in growing and maintaining Walmart since then.
Walton holds half of all shares today through Walton Enterprises LLC & Walton Family Holdings Trust.
Walmart: Who are the top shareholders?
Walton Enterprises LLC, a private holding firm that holds approximately half of all shares, is the place where the Walton family managed its ownership stakes in Walmart.
Walton Family Holdings Trust has been created in order to keep a fair balance between family and other ownership.
American-based investor Vanguard Group Inc represents approximately 5% of Walmart.
Walmart, a publicly traded company, is also owned by State Street Global Advisors and Black Rock Fund Advisors.
Walton Enterprises LLC is the sole investor who has more than 10% ownership of Walmart. Walton Family Holdings Trust is the other.
For more information on Walmart, check out my posts Walmart facts and competitive advantages. Also, see my posts on Walmart franchises, Walmart’s German success, Walmart’s failure to succeed in Germany, Walmart owning Costco.
Conclusion: Does China own Walmart?
China is not the owner of Walmart. Walmart is founded and owned by the Walton family. They control 50% of Walton Enterprises LLC shares, and Walton Family Holdings Trust shares. Vanguard Group Inc. and other American-based businesses are also top investors.
.Is Walmart Owned By China In 2022? (Owners, Products + More)