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| VIEW EVENT INFORMATION: Walmart |
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Confirmed: Walmart Buys Jet.com For $3B In Cash To Fight Amazon |
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About the organization Walmart:
Type: Business
Sub-Types: Store, Retailing Agent, Chain, Shop, Website, Internet, E-Commerce, Online Store, Application Software, Finance |
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Notable Organizations: Walmart, Techcrunch
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| Walmart today took its biggest step yet in its bid to compete against Amazon in the world of digital commerce: today the retail giant announced that it would be acquiring Jet.com — an online-only shopping site that has been live for a little over a year — for $3 billion in cash, plus up to $300 million in shares for the founders and others at the company.
Jet.com will continue… |
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