The market of WalMart in China

 

Walmart is a very famous market in many countries,of course there is no exception in China. On October 7th, Walmart Asian president Scott Price said they are considering acquisitions in China to expand the market.

According the data from Market Research.Currently, Walmart has 398 stores in China and distributed in 118 cities. But Huarun entrepreneurship in China retail stores more than 4100 and recently also expanding retail network, add 131 stores by the joint venture with British retailer tesco. Hurun give a great threat to Walmart in China market.Scott Price said China is the other company to an important market, while WALMART has failed to replicate the success in the United States market.

 

Resourese:

http://finance.qq.com/a/20131007/001496.htm

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