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Jet.com

AMP News Business
Walmart Discontinues Jet.com Brand to Focus on Walmart.com
by Tyler Hale May 20, 2020
by Tyler Hale May 20, 2020
Walmart is discontinuing Jet.com, the e-commerce startup it acquired for $3.3 billion in 2016. The Bentonville retailer announced the move in its 2020 first-quarter earnings report. According to the report, Walmart is discontinuing Jet.com due to the “continued strength of …
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AMP News Business
Walmart Overhauling E-Commerce Company Jet.com
by Tyler Hale June 14, 2019
by Tyler Hale June 14, 2019
Walmart is overhauling Jet.com, the ecommerce company that it acquired in 2016. The Bentonville retail giant is absorbing multiple Jet.com teams into its own online business. The retail, technology, marketing, analytics and product teams will be integrated into Walmart’s ecommerce …
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AMP News Business Technology
Walmart Acquires Online Retailer Bare Necessities
by Tyler Hale October 15, 2018
by Tyler Hale October 15, 2018
Walmart has acquired another online retailer to bolster its e-commerce presence. The Bentonville-based company announced Friday, Oct. 12, that it has acquired Bare Necessities, an online retailer specializing in lingerie, swimwear and shapewear. The purchase price for Bare Necessities has …
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AMP News Economics
Walmart officially acquires Jet.com
by Joe Buercklin September 19, 2016
by Joe Buercklin September 19, 2016
Wal-Mart Stores Inc said it has completed the $3 billion acquisition of internet retailer Jet.com. The deal will give Wal-Mart access to Jet.com’s pricing software and will help the Arkansas-based retailer to better compete with online rivals. The deal follows …
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