Walmart Purchases Jet.com For $3 Billion In An Effort To Catch Nimble Amazon

Walmart Purchases Jet.com For $3 Billion In An Effort To Catch Nimble Amazon
In many ways Walmart is the offline version of Amazon, the one-stop shop for everyone from car parts and baby diapers to groceries and toothpaste. Now in an effort to significantly bolster its online presence and become Amazon’s primary web competitor, Walmart has entered into a definitive agreement to acquire Jet.com, a fast growing e-commerce

Source: Hot Hardware – Walmart Purchases Jet.com For Billion In An Effort To Catch Nimble Amazon