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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Fashion-Tech

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

24 March 2017 • By Chantal Fernandez

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Fashion-Tech

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?
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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.
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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.
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Bits & Bytes

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.
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Bits & Bytes

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.
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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.
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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.
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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.
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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.
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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.
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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.
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