Walmart says it will discontinue Jet.com, which it acquired for $3.3B in 2016, even as Q1 e-commerce sales were up 74% (Larry Dignan/ZDNet)
Walmart says it will discontinue Jet.com, which it acquired for $3.3B in 2016, even as Q1 e-commerce sales were up 74% — Jet.com was critical to Walmart's e-commerce strategy and omnichannel efforts, but is no longer necessary. — Walmart said that its first quarter e-commerce sales …
via Techmeme
Walmart says it will discontinue Jet.com, which it acquired for $3.3B in 2016, even as Q1 e-commerce sales were up 74% (Larry Dignan/ZDNet)
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