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.

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 ...

Wed 12 Jun 19 from Reuters Technology

Walmart overhauls Jet.com as online business fails to deliver results

Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an e-commerce retailer it acquired in 2016 for $3.3 billion, and said it will eliminate the online business's president. ...

Wed 12 Jun 19 from Reuters Technology

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