Wal-Mart Stores was founded in 1962 by Sam Walton, and is headquartered in Bentonville, Arkansas. It is the world’s largest retailer, and is controlled by the Walton family.

The world’s largest retailer has teamed up with internet giant Tencent to push mobile payments at its stores in China

Shoppers grab, scan and go at Walmart stores in China

Retail giant Walmart has expanded the roll-out of its “Scan & Go” mobile payment app from the United States to China, the world’s second-biggest economy and largest smartphone market.