Ron Burgundy Posted August 8, 2016 Share Posted August 8, 2016 The deal disclosed on Monday follows a five-year e-commerce acquisition spree in which Wal-Mart, the world's biggest traditional retailer, has already bought 15 startups, seeking the talent and technology to make it a dominant player online and narrow the massive gap with market leader Amazon. Wal-Mart's online division has underperformed against Amazon, posting its slowest growth in a year in the first quarter as it struggled to gain traction with consumers, especially millennials. Wal-Mart has said it would integrate that software into its main website while keeping Jet.com as a separate entity. View the full article Quote Link to comment Share on other sites More sharing options...
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