Walmart is invested in several Israeli tech companies, including Team8, and has acquired several more in the past 5 years.
In the face of ongoing war in the Gaza Strip, the Walmart Foundation has taken a strong stance in support of humanitarian efforts, pledging to donate $1 million to Magen David Adom in order to support the organization and its efforts to save lives. The company announced this move in a statement sent out on Friday to Walmart associates and partners.
“As you all know, throughout these horrific and inhuman attacks by Hamas, Magen David Adom has played a critical role in providing medical aid to victims. To show support for all persons affected by these tragedies in the region, the Walmart Foundation is committing $1m. in funding to MDA for emergency services to save lives,” the statement read.
Walmart’s commitment to aiding those in need extends beyond its contribution to MDA. Last week, the Walmart Foundation pledged an additional $1m. grant to the US Holocaust Museum, showing the company’s dedication to supporting initiatives that promote understanding and commemorate historical atrocities.
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