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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Founded in Bentonville, Walmart is one of the world’s largest retail giants, with outlets located worldwide.
China to Own Walmart by 2022
As of 2022, Walmart was not bought by China. Walmart is owned currently by Walmart shareholders as well as its founding family, Waltons. Walton Enterprises LLC, Walton Family Holdings Trust and Walton Family Holdings Trust are family shares that they use. Vanguard Group in America is one of these investors.
Can You Find Walmart in China?
Since 1996, Walmart stores are operating in China. Walmart Supermarkets, Sam’s Clubs, Walmart HyperMarkets and Walmart Supermarkets will be located in Beijing, Shenzhen, etc.
There are over 400 retail stores in 180 cities, and more than 95% of merchandise in Chinese shops is locally-sourced.
Walmart recently integrated Sam’s Shops and Walmart into China’s online e-commerce marketplace. The company has approximately 20 distribution outlets in 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 partners with China’s over 7000 suppliers of technology, clothing, and householdwares.
Walmart Owned by Who?
The Walton family currently owns Walmart after its founding as Walmart Discount City by Sam Walton in 1962, Bentonville, Arkansas.
Since then, Walton family members have taken active positions in maintaining and growing Walmart.
Walton holds half of all shares today through Walton Enterprises LLC & Walton Family Holdings Trust.
What are the top Walmart shareholders?
Walton Enterprises LLC – This private holding company holds around 50% of the total shares. The Walton family owns this share and manages Walmart’s ownership.
Walton Family Holdings Trust is a trust that maintains a balanced ownership between family and nonfamily.
Vanguard Group Inc an American investor represents approximately 5 percent of Walmart.
Additionally, Walmart is a public traded company also invested in by companies such as State Street Global Advisors, Black Rock Fund Advisors, and Geode Capital Management LLC.
Walton Enterprises LLC and Walton Family Holdings Trust are the only investors who own over 10% of Walmart.
Learn more about Walmart by visiting my post on Walmart facts, Walmarts Competitive Advantages, Walmarts Franchises and Why Walmart Did Not Take Off in Germany.
Conclusion: Does China own Walmart?
China does not have Walmart. The Walton family founded Walmart and is its owner. They own 50% of Walton Enterprises LLC’s total shares and Walton Family Holdings Trust. Vanguard Group Inc. are other top American investors.
.Is Walmart Owned By China In 2022? (Owners, Products + More)
