Wal-Mart announced Monday that it would acquire e-commerce startup Jet.com for about $3.3 billion, making it the largest purchase ever of an e-commerce company. The deal, which is expected to close by the end of the year, could be a win-win-win for Wal-Mart, Jet and consumers. “Wal-Mart.com will grow faster, the seamless shopping experience we’re pursuing...
The article What Wal-Mart’s Acquisition of Jet.com Could Mean for the Companies and Consumers originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/blog/shopping/wal-mart-acquires-jet/
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