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Tuesday, August 09, 2016

Wal-Mart to Buy Jet.com

The startup that notably follows an 'Amazon Prime' loyalty model.  To push their online sales.

 Walmart buys Jet.com for $3.3 billion By Rebecca Linke
If you have $3.3 billion lying around, why not buy a startup? ... That is exactly what Walmart is doing. The retail giant is buying two-year-old e-commerce startup Jet.com in an attempt to invigorate its online sales division. Walmart is dropping a lot of money on this deal, but it hopes to get a lot in return.  ... " 

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