May 20, 2020 Sophia Vida
Hot Stocks

Walmart Discontinues Four Years After $3.3B Acquisition

Big-box retailer announced this week that it is winding down, 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 Four Years After $3.3B Acquisition”