Big-box retailer announced this week that it is winding down Jet.com, its acquisition of $3.3 billion that it made just four years ago. Walmart acquired the e-commerce site back in 2016 and CEO Doug McMillon credited the acquisition for “jump-starting the progress we have made the last few years” with e-commerce. According to McMillon, Walmart … Continue reading “Walmart Discontinues Jet.com Four Years After $3.3B Acquisition”
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