Only a few years after acquiring the company, Walmart has quietly announced plans to shut down the online retailer Jet.com. The revelation was nestled within Walmart’s newly published quarterly financial results, with the company noting that it will ‘discontinue’ Jet due to the ‘continued strength of the Walmart.com brand.’ Walmart had paid $3 billion to acquire the company. Jet.com is …
Only a few years after acquiring the company, Walmart has quietly announced plans to shut down the online retailer Jet.com. The revelation was nestled within Walmart’s newly published quarterly financial results, with the company noting that it will ‘discontinue’ Jet due to the ‘continued strength of the Walmart.com brand.’ Walmart had paid $3 billion to acquire the company. Jet.com is …
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