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October 7, 2015 03:44 pm GMT
Jet.com, the discount shopping site promising to take on Amazon by competing on lower prices, has made a fairly radical change to its business, the company announced this morning. Instead of charging members an annual fee of $50, similar to the fee associated with Amazon’s “Prime” membership program, Jet says it will now drop the fee entirely.While initially good news for… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vYzbXOrnsjM/
Jet, Now Raising, Ditches Its Membership Fees But Says Profitability Still On Track For 2020
Jet.com, the discount shopping site promising to take on Amazon by competing on lower prices, has made a fairly radical change to its business, the company announced this morning. Instead of charging members an annual fee of $50, similar to the fee associated with Amazon’s “Prime” membership program, Jet says it will now drop the fee entirely.While initially good news for… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/vYzbXOrnsjM/
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