Question

walmart is one of the largest companies in the world, however, they are only in 28 countries. what can they do to expand and have a wider platform in the rest of the worlds countries?

Answer 1

Walmart is one of the largest companies in the World. Its expansion and presence in the world market is limited to only 29 countries. Walmart faces an uphill task to expand its wing worldwide due to the huge challenges being faced by its strongest rival Amazon , the second largest online store in the world.

Walmart would priortrize its investments to generate new market and Revenues. Walmart may pull its business from already saturated UK grocery market environment to focus its expansion plans towards developing countries like India.India is considered as the second largest market place after China due its huge population.

The option of making Joint venture with the already established regional online store operators like Flipkart may be considered by buying huge share of stake in India.

There is a huge market for online retail business where Amazon has already pledged five million dollars. The retail market in India is growing at a rapid pace in the recent years. The market grows four times more than the already saturated European market.

Hence, Walmart would strategies to enter into developing countries Market like India and other countries as it did in China to expand its Business to more countries across the world.