According to Walmart CEO Doug McMillon’s announcement, Walmart will begin opening its third-party marketplace to foreign sellers this month. Non-US vendors will no longer need a US-based warehouse and US tax number. Walmart will still have strict approval requirements for new sellers, but in general, this is excellent news for the foreign sellers who wanted to start selling on the marketplace.
Together with the recently announced Walmart Fulfillment Services (WFS), it is another step to expand the marketplace and catch up with Walmart’s main competitor – Amazon.
In an email statement, Walmart said – “We have strong relationships with many reputable companies around the world and we have some of the most rigorous seller requirements in the industry. As a result, we are opening our U.S. marketplace to a limited number of international companies who share our commitment to customer trust and safety.“