Walmart (WMT) 8-K Statement of Walmart Inc. on potential TikTok investment in the United States

Exhibit 99.1

Statement of Walmart Inc. on potential TikTok investment in the United States

September 13, 2020

Walmart continues to have an interest in a TikTok investment and continues discussions with ByteDance leadership and other interested parties. We know that any approved deal must satisfy all regulatory and national security concerns.