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August 8, 2016 09:39 am -04
Walmart has officially acquired Jet.com for $3 billion, a purchase that will significantly enhance its online retail presence. The US retailer didn't pitch it as such, but the deal -- leaked on Friday -- will help it compete with its fiercest online...
Original Link: https://www.engadget.com/2016/08/08/walmart-buys-jet-com-to-better-fight-amazon/
Walmart buys Jet.com to better fight Amazon
Walmart has officially acquired Jet.com for $3 billion, a purchase that will significantly enhance its online retail presence. The US retailer didn't pitch it as such, but the deal -- leaked on Friday -- will help it compete with its fiercest online...Original Link: https://www.engadget.com/2016/08/08/walmart-buys-jet-com-to-better-fight-amazon/
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Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget