Executive Briefings

Walmart, Amazon Plan to Make Great Inroads in China

Walmart and Amazon have launched cyber attacks in China with the purest of commercial motives. Walmart is unveiling a mobile shopping app while Amazon is increasing its imported item count from 80,000 to 1.6 million.

Walmart, Amazon Plan to Make Great Inroads in China

As part of Walmart's increased e-commerce presence in China, Walmart customers will be able to use the new mobile shopping app to order products and then either pick them up in-store or have them shipped.

"China is an important strategic market for Walmart," CEO Doug McMillon said in Beijing last week. "We plan to open 115 stores in China over the next three years. We also plan to provide more e-commerce services in China. Walmart has a huge advantage in e-commerce because we can integrate online with our stores."

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As part of Walmart's increased e-commerce presence in China, Walmart customers will be able to use the new mobile shopping app to order products and then either pick them up in-store or have them shipped.

"China is an important strategic market for Walmart," CEO Doug McMillon said in Beijing last week. "We plan to open 115 stores in China over the next three years. We also plan to provide more e-commerce services in China. Walmart has a huge advantage in e-commerce because we can integrate online with our stores."

Read Full Article

Walmart, Amazon Plan to Make Great Inroads in China