South Africa: Walmart strengthens the team to support digital growth

An article by Sophie Baqué

Publication

15 September 2023 à 16h18

Updated on 9 October 2023 à 11h32

Reading time

2 minutes

Publication: 15 September 2023 à 16h18, Updated on 9 October 2023 à 11h32

Reading time: 2 minutes

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U.S. giant Walmart is reorganizing the South African business by recruiting Jonathan Collins as Chief Financial Officer, with the aim of boosting online sales.

An article by Sophie Baqué

Publication

15 September 2023 à 16h18

Updated on 9 October 2023 à 11h32

Reading time

2 minutes

Publication: 15 September 2023 à 16h18, Updated on 9 October 2023 à 11h32

Reading time: 2 minutes

Share
Copy link Share on LinkedIn Share on Bluesky Share on Facebook Share on WhatsApp
Add to reading list Remove from reading list
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Despite a low valuation of the Massmart subsidiary, the world’s largest retailer by sales has not abandoned South African ambitions. Quite the contrary, in fact. At the end of 2022, Walmart bought the remaining 47% of Massmart for around US$360 million and delisted the company from the Johannesburg Stock Exchange. Now in sole charge, the group is leading a more operational push. In July 2023, Jonathan Collins, former Chief Accounting Officer of Flipkart in India, was appointed CFO of...

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Featured image of the article Sophie Baqué
Sophie Baqué
Featured image of the article Sophie Baqué
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