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

Walmart Inc.

Walmart’s current logo since 2008
Walmart Home Office (headquarters) in December 2012
Formerly	Wal-Mart Discount City (1962–1969) Wal-Mart, Inc. (1969–1970) Wal–Mart Stores, Inc. (1970–2018)
Type	Public
Traded as	NYSE : WMT DJIA component S&P 100 component S&P 500 component
ISIN	US9311421039
Industry	Retail
Founded	July 2, 1962 ; 59 years ago ( 1962-07-02 ) in Rogers, Arkansas [1] October 31, 1969 ; 52 years ago ( 1969-10-31 ) in Wilmington, Delaware (incorporation)
Founder	Sam Walton
Headquarters	Bentonville, Arkansas , U.S.
Number of locations	10,593 stores worldwide (January 31, 2022) [2] [3]
Area served	Worldwide
Key people	Greg Penner ( Chairman ) Doug McMillon ( President , CEO )
Products	Supermarket , Hypermarket , Superstore , Convenience shop
Services	Walmart-2-Walmart
Revenue	US$ 559.2 billion (2020) [4]
Operating income	US$22.55 billion (2020) [4]
Net income	US$13.70 billion (2020) [4]
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	2,300,000 (Jan. 2021) [4] U.S.: 1,600,000
Divisions	Walmart U.S. Walmart International Sam’s Club Global eCommerce
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.

China Owns Walmart In 2022

As of 2022, Walmart was not bought by China. Walmart shares are owned by shareholders and the Waltons, who were Walmart’s founder family. Walton Enterprises LLC (family-owned) and Walton Family Holdings Trust (family-owned shares) are used by them. Vanguard Group is another American investor that owns shares of 5%.

Are You able to find Walmart China?

Walmart has been in China since 1996. Walmart Supermarkets are available in Shenzhen and Beijing.

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.

How much of Walmart products are made in China?

70 to 80 percent of Walmart’s suppliers are located in China. But, U.S. supermarkets source local food (including chicken)

Walmart also established relationships with nearly 7000 Chinese suppliers for technology and homewares.

Who Owns Walmart?

Walmart is currently owned by the Walton family, which was founded in 1962 as Walmart Discount City, Arkansas, Bentonville.

Walton Family members are active participants in Walmart’s growth since that time.

Walton Enterprises LLC currently has half the shares. Walton Family Holdings Trust holds the remaining 50%.

Conclusion: Is Walmart Owned by China?

No, China does not own Walmart. Walmart is founded and owned by the Walton family. The Walton family holds 50% of the total shares in Walton Enterprises LLC, Walton Family Holdings Trust. Vanguard Group Inc. is another top investor.

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