We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
ACCEPT Reject
Already have an account? Sign in.

 Remember Me | Forgot Your Password?
Home Manage Alerts Archive Archive About Us Register Now   Not a User? Join now

Walmart Buys Jet.com; Girds For Future E-Commerce Wars

August 8, 2016: 12:00 AM EST
Walmart has completed its $3.3-billion acquisition of online retailer Jet.com, as part of its efforts to improve its ability to compete in the e-commerce market. Although ranked as number 2 in L2's Digital IQ Index: Big Box report for its e-commerce capabilities, Walmart lags behind market leader Amazon. In 2015, Walmart reported $13.7 billion in online sales, while Amazon earned more than $92 billion.
Elisabeth Rosen, "Walmart’s New E-Commerce Weapon", L2 Daily, August 08, 2016, © L2 Inc.
Domains
RETAIL BUSINESS
Online
Operations
Strategy
Geographies
Worldwide
North America
United States of America
Categories
Companies, Organizations
Deals, M&A, JVs, Licensing
Home | Privacy Policy | Terms and Conditions | Contact Us Copyright © 2000-2023 Business360 Inc. All Rights Reserved
Developed by Yuri Ingultsov Software Lab.