Walmart

A collection of 3 posts

Walmart shutters Jet.com

Walmart shutters Jet.com

Walmart quietly announced today in its first quarter (for fiscal year 2021) earnings report that it’s shuttering Jet.com, the online retail site it bought with much fanfare four years ago.

Walmart buys Jet.com for $3 billion

Walmart buys Jet.com for $3 billion

Big box store giant Walmart is planning to buy the online retail startup Jet.com for $3 billion. Jet.com started last year as a would-be competitor to online giant Amazon. It featured