- Walmart's Mexico division, the largest outside the U
Walmart de México y Centroamérica Net worth 2024 (estimated)
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Walmart de México y Centroamérica facts
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- as of September 30, 2016, consists of 2,373 stores around the country, including 256 Walmart Supercenters stores and 160 Sam's Club stores
- It has been traded in the Mexican Stock Exchange since 1977 (as Cifra)
- Wal-Mart de México y Centroamérica is the biggest retailer in Latin America
- The company was founded in 1952 as Cifra by Jerónimo Arango
- In 1991, Cifra and Wal-Mart Stores, Inc
- signed a joint venture agreement
- This agreement allowed cooperation between the two companies and the opening of Walmart stores and Sam's Clubs in Mexico
- In 1997, Walmart increased its stake by acquiring 51% of Cifra
- Cifra was renamed Wal-Mart de Mexico, S
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