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8 Aug 2016, 8:27 am by Associated Press
NEW YORK — Wal-Mart has agreed to buy fast-growing online retail newcomer Jet.com, which had launched with a splash a year ago when it announced its intention to challenge online leader Amazon. [read post]
17 Dec 2017, 9:38 pm by Nate Nead
Walmart is hoping the strength of each of these brands will attract buyers to its online store.2 Walmart/Jet.com (August 2016) – Walmart acquired Jet.com for $3.30 billion in order to have an online portal where it could sell its major brands.2 This was notable because it showed the pressure Amazon has put on Walmart to embrace the e-commerce model. [read post]
24 Mar 2015, 3:48 am by David Green
However, Jet2 have suggested that these claims are 'materially inaccurate' and that "Jet.com is paying compensation for disruption caused by technical faults in line with the landmark Huzar ruling and have already confirmed this to the CAA. [read post]
28 Apr 2017, 6:38 am by Stephen Brown
In 3Q2016, 35% of companies making purchases in tech M&A were non-tech companies.[7] One example is Walmart’s $3.3 billion deal for Jet.com to aid in the transition from brick and mortar sales to ecommerce. [read post]