Walmart Expands African Footprint with Mobile App Launch Amid Stock Dip
Walmart's shares edged lower in pre-market trading despite unveiling plans for a South African mobile app through its Massmart subsidiary. The retail giant is preparing to open its first physical stores in the continent while implementing an omnichannel strategy combining global tech infrastructure with localized delivery systems.
Massmart confirmed motorcycle and truck deliveries will feature alongside driver welfare stations - a nod to emerging market logistics challenges. The app development signals Walmart's continued international ambitions, though investors appeared unmoved by the African expansion news during early trading sessions.