Amazon Walmart (WMT )announced Monday that it has actually accepted purchase Jet.com, a much-hyped e-commerce site attempting to take on Amazon (AMZN, Tech30) directly, for $3 billion in cash, with another $300 million in stock started for great step. The deal might assist Walmart reinvigorate growth in its online shopping company, which has actually slowed in current quarters …
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Needs Jet.com to Handle Amazon Wal-Mart’s $ 3B purchase of Jet.com seems like a respectable thing for a fledgling startup that triggered premature obituaries as just recently as 7 months ago. Jet started with grand passions, hoping to usurp – or come really near to taking on – Amazon, but began to fade as Amazon users showed more devoted than strong discount rates might sway. The c.
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