BENTONVILLE, Ark.–Wal-Mart has set up new regional headquarters in Hong Kong where the retailer will manage its Asian operations and business development.
“Just as the Wal-Mart America’s regional office in Miami oversees the company’s operations in Canada, Central and South America, the new Wal-Mart office in Hong Kong will oversee the company’s operations in mainland China, India and Japan, as well as identify new business opportunities for the company throughout Asia,” Vicente Trius, president and chief executive officer of Wal-Mart Asia, said in a statement.