Is Walmart Owned By China In 2022? (Owners, Products + More)
Walmart’s current logo since 2008
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Walmart Home Office (headquarters) in December 2012
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| Formerly |
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|---|---|
| Type |
Public |
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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] |
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Area served
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Worldwide |
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Key people
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| Products |
Supermarket , Hypermarket , Superstore , Convenience shop |
| Services | |
| Revenue |
US$ 559.2 billion (2020) [4] |
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US$22.55 billion (2020) [4] |
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US$13.70 billion (2020) [4] |
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Total assets |
US$252.5 billion (2020) [4] |
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Total equity |
US$87.53 billion (2020) [4] |
| Owner |
Walton family (50.85%) [5] |
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Number of employees
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2,300,000 (Jan. 2021) [4] U.S.: 1,600,000 |
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Divisions |
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Subsidiaries |
List of subsidiaries |
| Website |
walmart.com |
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Footnotes / references [6] [7] [8] |
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Walmart, founded in Bentonville by Sam Walton, is one of the largest retailers worldwide, and there are outlets all over the globe.
Is Walmart Owned by China In 2022?
As of 2022, Walmart was not bought by China. Walmart is currently owned by the Waltons (the founding family of Walmart), and shareholders. They operate using family-owned shares such as Walton Enterprises LLC and Walton Family Holdings Trust. Vanguard Group is another American investor that owns shares of 5%.
What is the best way to locate Walmart in China
Walmart has been in China since 1996. Walmart Supermarkets and Sam’s Club are located in Beijing and Shenzhen.
There are 400 retail outlets across 180 locations, and over 95% merchandise is sourced locally.
Walmart recently integrated Sam’s Stores and Walmart into China’s E-Commerce Industry. This has resulted in approximately 20 Walmart Distribution Stations across China.
What Percentage of Walmart Products are Made in China?
70%-80% of Walmart suppliers are located within China. U.S. shops source food locally, including chicken and red meat.
Additionally, Walmart has established partnerships with over 7000 suppliers in China, mainly for technology, homewares, and clothing items.
Who Owns Walmart?
Walmart is currently owned by the Walton family, which was founded in 1962 as Walmart Discount City, Arkansas, Bentonville.
Since then, Walton family members have taken active positions in maintaining and growing Walmart.
Walton Enterprises LLC today holds half the total shares. Walton Family Holdings Trust also has 50%.
Which are Walmart’s Top Shareholders?
Walton Enterprises LLC is a private holding company that owns approximately 50% of the total shares; this is where the original Walton family manages its ownership interests in Walmart.
Walton Family Holdings Trust has been created in order to keep a fair balance between family and other ownership.
Vanguard Group Inc is an American-based investor that represents approximately 5% Walmart.
Walmart is publicly traded and also invests in companies like State Street Global Advisors, Black Rock Fund Advisors, Geode Capital Management LLC, and Geode Capital Management LLC.
Walton Enterprises LLC and Walton Family Holdings Trust are the only investors who own over 10% of Walmart.
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: China Is Owning Walmart
China doesn’t own Walmart. Walmart was created and own by the Walton families. They control 50% of Walton Enterprises LLC shares, and Walton Family Holdings Trust shares. Vanguard Group Inc., an American company, is one of the top investors.
.Is Walmart Owned By China In 2022? (Owners, Products + More)