Jet.com falls by wayside as Walmart focuses on its website, online grocery

June 13, 2019 admin Business News Comments Off on Jet.com falls by wayside as Walmart focuses on its website, online grocery

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 retailer’s e-commerce ambitions.

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Source:: Reuters – Business News