Walmart says it will discontinue Jet.com, which it acquired for $3B in 2016
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Walmart says it will discontinue Jet.com, which it acquired for $3B in 2016
So much for Walmart’s big and expensive effort to take on Amazon with a digitally-native brand. Amid the coronavirus crisis and its impact on the retail industry, today the retail giant announced in its quarterly report that it would be discontinuing Jet.com, the online-only marketplace that …
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