SUBSCRIBED / FALL 2017
Walmart and Jet.com Walmart acquired Amazon rival Jet for $3B in cash and $300M of Walmart shares. Low prices and vast inventories online and offline!
“We’re looking for ways to lower prices, broaden our assortment and offer the simplest, easiest shopping experience because that’s what our customers want. We believe the acquisition of Jet accelerates our progress across these priorities.” – Doug McMillon, President and CEO, Wal-Mart Stores, Inc.