Walmart Inc. is absorbing what remains of Jet.com staff into the rest of its operations, winding down the startup it bought for $3.3 billion three years ago while continuing to run the Jet.com website ...
Last year, Walmart acquired menswear site Bonobos for $310 million in cash. Now the retailer is adding the brand to a Walmart-owned website. A few days ago, Walmart opened an online shop for Bonobos ...
WASHINGTON (Reuters) - Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up to the world's largest ...
Walmart Inc.WMT-0.20%decrease; red down pointing triangle is absorbing what remains of Jet.com staff into the rest of its operations, winding down the startup it bought for $3.3 billion three years ...
Walmart bought Jet.com in a desperate bid to fight Amazon, but its own website has become the clear winner. In a move that will surprise nobody, Walmart announced today that it's shutting down Jet.com ...
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