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Wal-Mart is reportedly in talks to acquire the discount e-commerce start-up Jet.com in an effort to ramp up its struggling online retailing business and compete with Amazon.com.
Wal-Mart is in talks to buy online discount retailer Jet.com, according to people familiar with the matter, in what would mark a disappointing end for one of the most ambitious challengers to Amazon.
After days of speculation, Wal-Mart Stores finally confirmed the worst-kept secret in retail, announcing on Monday morning its $3.3 billion acquisition of upstart Jet —t he biggest deal in U.S ...
Wal-Mart Stores Inc. is buying fast-growing online retailer Jet.com for $3 billion in cash plus $300 million in stock, scooping up a newcomer that launched a year ago with the intention of ...
NEW YORK | Wal-Mart is buying fast-growing online retailer Jet.com for $3 billion in cash plus $300 million in stock, scooping up a newcomer that launched a year ago with the intention of ...
One year after Wal-Mart Stores Inc.WMT0.77%increase; green up pointing triangle bought Jet.com for $3.3 billion, shoppers will get a glimpse of how it hopes to use the startup to battle Amazon.com ...
Wal-Mart Stores inked a $3.3 billion deal to buy web retailer Jet.com Inc., bringing in some outside help to jump-start growth at the retail giant's e-commerce operations.
Snatching up Jet.com for $3.3 billion will alleviate multiple headaches that have stunted Wal-Mart's digital growth, the company says.
Price: Jet easily won on price. My order at Jet rang up at $31.01. The same order cost $39.82 at Amazon and $41.01 at Wal-Mart. But keep in mind that while I currently have a free trial membership ...
Jet.com, the scrappy New Jersey startup that aimed to take on Amazon in e-commerce, just got acquired by a retail giant that wants to do the same. Wal-Mart Stores announced that it will acquire ...
Wal-Mart/Jet's interest in an e-commerce brand like Modcloth seems obvious: Modcloth is a retailer with an especially strong sense of self, thanks to the vision of its founders and the close ties ...
The battle for your e-commerce dollars heated up significantly this summer. When Amazon, the Goliath of the category, held a massive Prime Day sale, Wal-Mart hit back with a rival event. Meanwhile,… ...
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