Category Archives: International

Walmart China Invests in Online Grocery Firm — USNews.com

Walmart is investing in a Chinese online grocery delivery company, one that Walmart partner JD.com is also heavily involved in: “Walmart said it invested about $320 million in the latest fundraising. The Arkansas-based company’s partnership with Dada-JD Daojia dates back to 2016 when it invested $50 million, the company said, adding that at present, 200 Walmart stores in 30 major Chinese cities have a presence in JD Daojia.” P.S. Walmart continues to invest in growth markets such as China and...

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Advent Closes Investment in 80 Percent Stake in Walmart Brazil — Walmart.com

BOSTON and BENTONVILLE, Ark. – Aug. 1, 2018 – Walmart Inc. (NYSE:WMT) and Advent International announced the closing of Advent’s previously announced investment in an 80 percent equity stake in Walmart Brazil. Walmart Inc. has retained a 20 percent stake in the business. Advent is a global private equity fund with a strong local presence and extensive experience in retail investment both in Brazil and internationally. Since the opening of its São Paulo office in 1997, the fund has invested in...

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Update: Walmart has not Made Decision About Seiyu — Reuters

Walmart has issued a statement correcting earlier reports that it is looking to unload Seiyu. A spokesperson went on to say that Walmart plans to continue business development in Japan: “’Walmart has not made a decision to sell Seiyu. We are not in any discussions with prospective buyers, and we continue to build our Japan business towards the future to meet the changing needs of customers there,’ a spokesperson for Walmart told Reuters.” P.S. Are you interested in selling your...

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Seiyu store in Japan

Report: Walmart Seeks Buyer for Seiyu — Nikkei Asian Review

UPDATE: Walmart stated that it has not made a decision about selling Seiyu.   Walmart is looking to sell Seiyu as part of its overall strategy to invest in the most lucrative markets and e-commerce: “‘The U.S.-based retailer is ‘divesting noncore assets’ and “investing in new growth areas and technologies,’ CEO Doug McMillon said at Walmart’s annual shareholders meeting June 1. Growth markets such as China and India are a particular focus. The decision to sell Seiyu, after forming a...

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JD.com Reports Sales Holiday Success — RetailDive.com

  JD.com reports high sales over its own “shopping holiday,” along with logistical success. Walmart owns significant shares in this Chinese e-commerce business: “JD.com’s 618 Shopping Festival, which ran from June 2 to June 18, racked up 159.2 billion yuan ($24.6 billion in U.S. dollars), a record for the company, according to Coresight Research. This was a 37% increase over last year.” P.S. China’s emerging middle class is eager to purchase consumer goods. Are you interested in selling to the...

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Walmart China’s “Smart” Store — Chain Store Age

Walmart has opened its new smart grocery store in China: “The 10,000-sq.-st. space, on the first floor of a multi-story structure, carries more than 8,000 items, with a localized assortment strategy tailored to the community. Designed by Tampa-based api(+), the store features a layout that seeks to enhance shopper convenience, with chilled vegetables, fresh fruit and frozen foods given prominence, alongside popular pre-prepared dishes. Prices are kept up to date through the use of electronic price tags.” P.S. Will consumers...

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Google Investing in JD.com — Yahoo! Finance

Google will invest in JD.com, a Chinese e-commerce company that Walmart has also invested in: JD.com’s investors include Chinese social media powerhouse Tencent Holdings Ltd, the arch-rival of Chinese e-commerce leader Alibaba Group Holding Ltd, and Walmart Inc. ‘Given Walmart also has a close relationship with JD, I see (the investment) as further tightening of the Google/Walmart alliance, which seems focused on building a third force in ecommerce beyond Amazon and Alibaba,’ said Atlantic Equities analyst James Cordwell.” P.S. These...

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Walmart’s Central American Success — Bloomberg.com

Walmart has been retooling its international strategy as of late, shrinking operations in the UK and Brazil, while placing more of an emphasis on its Chinese, Indian, and Central American stores: “Walmart’s business in Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica is a growing part of the retailer’s publicly traded Mexican and Central American business, Wal-Mart de Mexico SAB, or Walmex. The region now accounts for almost one-fifth of Walmex’s revenue, up from 14 percent in 2014.” P.S. Do...

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More on Walmart Brazil Sale — Reuters

More details on why Walmart is selling 80% of its Brazil operations to private equity firm Advent International: “The world’s biggest retailer has been looking to jumpstart its overseas business by retreating from lower-growth markets and investing in places like China and India. Brazil had for a decade been the focus of expansion but the unit stumbled in recent years as operational issues compounded the effects of a deep recession.” P.S. 8th & Walton’s supplier services can help you develop your...

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SoftBank Sells Flipkart Shares to Walmart — CNBC.com

Walmart is acquiring even more shares in Flipkart: “SoftBank did not disclose terms of the sale but this month CEO Masayoshi Son said its investment in the Indian firm was worth around $4 billion. The Vision Fund invested 2.5 billion in Flipkart in August last year.” P.S. E-commerce is growing in India. . .and around the world. Get your Walmart.com and SamsClub.com games up and running: Sign up for our E-Commerce course!

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