Key View Walmart's acquisition of Cornershop fits with its global omnichannel expansion strategy. The strategy allows Walmart to expand faster into Chile and Mexico at a time when it is cutting back its presence in riskier emerging markets. Chile and Mexico represent strong markets both from a grocery perspective but also in terms of e-Commerce uptake and future spending. The Latest: Global retail giant Walmart is acquiring Cornershop, an on-demand delivery company serving retailers in Mexico and Chile for USD225mn. The deal is subject to regulatory approval and is expected to be finalised by . . .
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