sbrchina

Walmart China Investment

Walmart Inc. is pouring US$1.2 billion into its China business as it faces increased competition from local rivals and online retailers. Walmart plans on investing the money into its distribution centers in China over the next two decades. Walmart is determined to improve its service levels and boost grocery store deliveries to better meet the needs of its Chinese customers. It has already invested around US$102 million in building a distribution center for perishables in the south of China as it tries to cater to customers who are increasingly turning to online shopping.

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