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I see this as Wal-Mart buying their place into the online market. It's hard for a company like that to be able to spin up an entire division, and do it right.
by dclowd9901 10y ago
I see this as Wal-Mart buying their place into the online market. It's hard for a company like that to be able to spin up an entire division, and do it right.
A cynical person might also believe Jet created itself to be sold off in this very way, too.
- arenaninja 10y agoTo be fair, I installed the Walmart mobile app as well as Jet over the weekend. The Walmart experience is miles ahead. Pricing was also better, and Walmart has better pricing than Amazon on a lot of things lately. I'm not sure that they're 'buying' their place, because it seems to me they're ahead of the game on anything but name
- tedmiston 10y agoWalmart's e-commerce growth has been declining every quarter, except Q4 2014 where it jumped +1%, since the beginning of 2014. http://fortune.com/2016/05/20/the-silver-lining-in-walmarts-slowing-e-commerce-growth/ http://fortune.com/2016/05/20/the-silver-lining-in-walmarts-...
- voidlogic 10y agoWalmart has been rapidly growing their eCommerce operation for several years, the only difference in the past this has been done via multiple smaller acquisitions per year, rather than by huge ones.