Jet.com

News & Analysis

Walmart to Integrate Jet Employees as Unit's President Exits

12 June 2019 • By Bloomberg

12 June 2019 • By Bloomberg

Changes include the departure of Jet president Simon Belsham, who will seek another opportunity inside or outside the company.

News & Analysis

Walmart to Integrate Jet Employees as Unit's President Exits

Changes include the departure of Jet president Simon Belsham, who will seek another opportunity inside or outside the company.

News & Analysis

Walmart's Jet.com Narrows Focus on Urban Consumers

13 September 2018 • By Reuters

13 September 2018 • By Reuters

The move comes in a bid to sharpen the website's aim for affluent, urban consumers and better compete with e-commerce rivals like Amazon.com.

News & Analysis

Walmart's Jet.com Narrows Focus on Urban Consumers

The move comes in a bid to sharpen the website's aim for affluent, urban consumers and better compete with e-commerce rivals like Amazon.com.

News & Analysis

Walmart's Jet.Com to Offer Same-Day Delivery in NYC

10 July 2018 • By Reuters

10 July 2018 • By Reuters

Walmart has been investing heavily in its e-commerce business, through its own website and Jet.com, with the company saying it is on track to increase online sales by 40 percent this fiscal year.

News & Analysis

Walmart's Jet.Com to Offer Same-Day Delivery in NYC

Walmart has been investing heavily in its e-commerce business, through its own website and Jet.com, with the company saying it is on track to increase online sales by 40 percent this fiscal year.

News & Analysis

Walmart E-Commerce CEO Gets $244 Million After Jet Deal

20 April 2017 • By Bloomberg

20 April 2017 • By Bloomberg

The compensation puts Marc Lore well ahead of his boss, Walmart CEO Doug McMillon, and vaults him into the ranks of America’s top-paid executives.

News & Analysis

Walmart E-Commerce CEO Gets $244 Million After Jet Deal

The compensation puts Marc Lore well ahead of his boss, Walmart CEO Doug McMillon, and vaults him into the ranks of America’s top-paid executives.

Can Jet.com Take a Bite Out of Amazon Fashion?

24 March 2017 • By Chantal Fernandez

Can Jet.com Take a Bite Out of Amazon Fashion?

Jet.com is snapping up fashion businesses. Can the Walmart-owned e-commerce marketplace threaten Amazon’s online apparel supremacy?

News & Analysis

Wal-Mart Completes Jet.com Acquisition for $3 Billion

19 September 2016 • By Reuters

19 September 2016 • By Reuters

Jet, with its ability to lower prices as customers add more items to their shopping carts, will help the world's largest retailer reach more customers such as millennial shoppers.

News & Analysis

Wal-Mart Completes Jet.com Acquisition for $3 Billion

Jet, with its ability to lower prices as customers add more items to their shopping carts, will help the world's largest retailer reach more customers such as millennial shoppers.

Bits & Bytes | Walmart Buys Jet.com, African E-Commerce Startups

9 August 2016 • By Helena Pike

9 August 2016 • By Helena Pike

This week, in the biggest ever e-commerce acquisition, Walmart bought $3.3 billion Jet.com, while African web startups are trying to tap the continent's one billion consumers.

Bits & Bytes | Walmart Buys Jet.com, African E-Commerce Startups

This week, in the biggest ever e-commerce acquisition, Walmart bought $3.3 billion Jet.com, while African web startups are trying to tap the continent's one billion consumers.

News & Analysis

From Goldman to Google, Wal-Mart Hands Jet.Com’s Backers a Win

9 August 2016 • By Bloomberg

9 August 2016 • By Bloomberg

With Wal-Mart buying Jet.com for $3.3 billion, some of the biggest names on Wall Street and Silicon Valley from Goldman Sachs Group Inc. to Google’s venture arm are cashing in.

News & Analysis

From Goldman to Google, Wal-Mart Hands Jet.Com’s Backers a Win

With Wal-Mart buying Jet.com for $3.3 billion, some of the biggest names on Wall Street and Silicon Valley from Goldman Sachs Group Inc. to Google’s venture arm are cashing in.

News & Analysis

Wal-Mart to Buy Jet.com to Compete with Amazon

8 August 2016 • By Reuters

8 August 2016 • By Reuters

Wal-Mart will buy Jet.com for about $3 billion, the largest-ever deal for an e-commerce startup, as it races to build a web business to compete with Amazon.

News & Analysis

Wal-Mart to Buy Jet.com to Compete with Amazon

Wal-Mart will buy Jet.com for about $3 billion, the largest-ever deal for an e-commerce startup, as it races to build a web business to compete with Amazon.

News & Analysis

Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Founder

7 August 2016 • By Bloomberg

7 August 2016 • By Bloomberg

Wal-Mart and Jet.com are trying to close a $3 billion acquisition that will require Jet founder Marc Lore to head the retailer’s online division for several years, according to people familiar with the matter.

News & Analysis

Wal-Mart’s Deal for Jet.com Said to Hinge on Keeping Founder

Wal-Mart and Jet.com are trying to close a $3 billion acquisition that will require Jet founder Marc Lore to head the retailer’s online division for several years, according to people familiar with the matter.