Walmart says it will discontinue Jet, which it acquired for $3B in 2016
So much for Walmart’s big and expensive effort to take on Amazon with a digitally-native brand. Amid the coronavirus crisis and its impact on the retail industry, today the retail giant quietly announced in its quarterly report that it would be discontinuing Jet.com, the online-only marketplace that it acquired when it was just over one year … Continue reading Walmart says it will discontinue Jet, which it acquired for $3B in 2016
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