Walmart is doubling down on China with 500 new stores

www.cnn.com

Walmart is in a battle for its future. Its biggest rival: Amazon. Walmart is fighting the ecommerce giant on multiple fronts, both online and offline. The Bentonville based behemoth has partnered with Microsoft, is making inroads within communities and finally starting to leverage its people with the next gen shopper in mind. Determined not to lose out on a global scale, Walmart beat out Amazon in a $16bn bid for Flipkart in India which has yielded some positive early results. Now, determined not to lose another major market Walmart is doubling down in China. Don't be surprised if we see a Walmart-Alibaba partnership materialize in the future. The enemy of my enemy is my friend right?

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