Coronavirus (COVID-19): Walmart China to invest US$426m in Wuhan

Date : 09 April 2020

Jiong-Jiong Yu

Senior Retail Analyst

Walmart China announced at the Cloud Supplier Conference that it plans to invest CNY3bn (US$426m) in Wuhan, where the pandemic first started, over the next five years. Plans include the opening of four Sam’s Club stores, 15 shopping malls and more community stores. Strengthening its presence in…
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