About Walmart
Walmart is a company based in Bentonville (United States) founded in 1962 was acquired by Advent International in June 2018.. The company has 2,100,000 employees as of January 31, 2024. Walmart has completed 38 acquisitions, including 337Sport, Alert Innovation and Alvi. Walmart offers products and services including Walmart App, Online Store, and In-Store Shopping. Walmart operates in a competitive market with competitors including Ultra Mobile, Boost Worldwide, Lebara, blue Mobilfunk and Cricket Wireless, among others.
- Headquarter Bentonville, United States
- Employees 2100000 as on 31 Jan, 2024
- Stage Public
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Walmart Inc.
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Annual Revenue
$680.99 B5.07as on Jan 31, 2024
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Net Profit
$19.44 B25.3as on Jan 31, 2024
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EBITDA
$42.32 B8.89as on Jan 31, 2024
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Latest Funding Round
$1.5 B (USD), Debt – Conventional
Oct 01, 2019
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Investors
Barclays
& 2 more
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Employee Count
2100000
as on Jan 31, 2024
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Investments & Acquisitions
337Sport
& 37 more
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Acquired by
Advent International
(Jun 01, 2018)
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IPO & Listings of Walmart
Walmart is a publicly listed company on the NYSE with ticker symbol WMT in USA, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Walmart
Walmart offers a comprehensive portfolio of products and services, including Walmart App, Online Store, and In-Store Shopping. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for online shopping, product browsing, and order placement
Website for purchasing groceries and merchandise with fast delivery options
Physical locations for direct product selection and purchase
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Software Development Team
305 people
Leadership Team
250 people
Product Management Team
122 people
Data Analysis and Operations Team
65 people
Senior Team
59 people
Operations Team
58 people
Sales and Marketing
47 people
Human Resources and Administration
46 people
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Funding Insights of Walmart
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $1.5B
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First Round
First Round
(10 May 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Debt – Conventional - Walmart | Valuation |
investors |
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| May, 2018 | Amount | Debt – Conventional - Walmart | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Walmart
Walmart has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, JPMorgan Chase and Advent International. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Financial services are provided to consumers and corporations worldwide.
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Founded Year | Domain | Location | |
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Diversified financial services are provided across global markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Walmart
Walmart has strategically engaged in corporate development activities, having acquired 38 companies. Notable acquisitions include 337Sport, Alert Innovation and Alvi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provides comprehensive cleaning management solutions for commercial spaces.
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2020 | ||||
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Robots are developed to automate picking from retail shelves.
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2016 | ||||
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Customized chatbots are designed and deployed via Botmock's development platform.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Walmart
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Walmart Comparisons
Competitors of Walmart
Walmart operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ultra Mobile, Boost Worldwide, Lebara, blue Mobilfunk and Cricket Wireless, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
T-Mobile MVNO offering unlimited talk & data plans with international calling
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| domain | founded_year | HQ Location |
Prepaid cell phones & no contract plans
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| domain | founded_year | HQ Location |
Pre-paid mobile SIM cards are provided for international communities.
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| domain | founded_year | HQ Location |
MVNO prepaid services are offered to discount markets in Germany.
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| domain | founded_year | HQ Location |
Offers prepaid wireless services, phones, and plans with no contracts or credit checks.
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| domain | founded_year | HQ Location |
Operates as a mobile virtual network operator through a partnership between Tracfone and Walmart.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Walmart
Frequently Asked Questions about Walmart
When was Walmart founded?
Walmart was founded in 1962 and raised its 1st funding round 56 years after it was founded.
Where is Walmart located?
Walmart is headquartered in Bentonville, United States. It is registered at Bentonville, Arkansas, United States.
Who is the current CEO of Walmart?
Doug McMillon is the current CEO of Walmart.
How many employees does Walmart have?
As of Jan 31, 2024, the latest employee count at Walmart is 2,100,000.
What is the annual revenue of Walmart?
Annual revenue of Walmart is $680.99B as on Jan 31, 2024.
What does Walmart do?
Founded in 1962 and headquartered in Bentonville, United States, operations are conducted as a multinational retail corporation. Various categories including electronics, apparel, home goods, and toys are covered through extensive store networks and online platforms. Private label brands such as Great Value and Equate are managed, with revenue positioning it as a leading global company in the retail sector.
Who are the top competitors of Walmart?
Walmart's top competitors include Ultra Mobile, Lebara and Boost Worldwide.
What products or services does Walmart offer?
Walmart offers Walmart App, Online Store, and In-Store Shopping.
Is Walmart publicly traded?
Yes, Walmart is publicly traded on NYSE under the ticker symbol WMT.
How many acquisitions has Walmart made?
Walmart has made 38 acquisitions, including 337Sport, Alert Innovation, and Alvi.
Who are Walmart's investors?
Walmart has 3 investors. Key investors include Barclays, JPMorgan Chase, and Advent International.
What is Walmart's ticker symbol?
The ticker symbol of Walmart is WMT on NYSE.
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