Wal-Mart buying Jet.com to lift online sales, battle Amazon
Wal-Mart Stores Inc , vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup.
Aug 09, 2016, 09:45 AM ISTWell-funded Jet.com may be ecommerce game-changer
Jet has raised $220 million so far for an ecommerce service with some 1,600 retail partners, and plans to sell some 10 million products when it launches in the coming weeks.
May 17, 2015, 07:06 AM IST