" Competing with Amazon ... Walmart got Marc Lore to run its e-commerce business in the U.S. when it acquired Jet.com. Since coming on board, Mr. Lore has led acquisitions of businesses such as ModCloth and Moosejaw, while making changes designed to make Walmart.com more competitive in a market, he concedes, is dominated by Amazon.com. .... "
Further Update:
Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon?
A recent acquisition spree including Jet.com gives the retail giant much-needed digital chops.
by Brad Stone and Matthew Boyle .... "
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