Question: Walmart, the U.S.-based mass-retailer, uses different owner- ship structures for its global expansion. For instance, it set up a 5050 joint venture with Bharti Enterprises

Walmart, the U.S.-based mass-retailer, uses different owner- ship structures for its global expansion. For instance, it set up a 5050 joint venture with Bharti Enterprises to enter India's wholesale market. In South Africa, the group paid around $2.3 billion to acquire a 51% stake in Massmart Holdings. It owns 100% of its Asda operations in the United Kingdom and 68% of Walmart de Mexico. What could be the reasons behind these different ownership forms
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