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May 19, 2020 11:36 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JkB8FfRWUfA/
Walmart says it will discontinue Jet, which it acquired for $3B in 2016
So much for Walmart’s big and expensive effort to take on Amazon with a digitally-native brand. Amid the coronavirus crisis and its impact on the retail industry, today the retail giant announced in its quarterly report that it would be discontinuing Jet.com, the online-only marketplace that it acquired for $3 billion when it was just […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JkB8FfRWUfA/
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