Amazon famously professes to obsess about customers, not competitors, but if the company really wants to focus its business, concentrating on its battle with Walmart might not be a bad… Read More
Walmart announced Friday it is buying online apparel company Bonobos for $310 million to further beef up its e-commerce operation as it continues to compete with Amazon. The move comes… Read More
Amazon’s abrupt announcement last week that it would be shutting down Diapers.com parent Quidsi smells funny to some of the company’s employees. Anonymous sources working for Amazon reportedly told Recode they… Read More
Walmart has invested heavily in e-commerce over the last year, most notably its $3.3 billion acquisition of Amazon competitor Jet.com, and it appears to be paying off. In its fourth quarter… Read More
When rumors first surfaced that Walmart was interested in buying Amazon competitor and discount online retailer Jet.com, the assumption was Walmart had targeted Jet’s pricing software, expanding customer base, shipping warehouses… Read More
Walmart this morning announced an agreement to acquire Jet.com for $3.3 billion in cash and stock, confirming widespread reports and uniting the companies in their common fight against e-commerce king Amazon.com. The deal combines an… Read More
Walmart is taking its biggest step yet to battle Amazon.com for supremacy in the realm of online retail. Follow-up: Walmart confirms $3.3B Jet.com acquisition: Here’s how they plan to take… Read More
Jet.com, the closely watched e-commerce startup trying to perfect a business model that it hopes will upend Amazon, announced on Wednesday it will no longer charge a $50 membership fee to shop on… Read More
The doors of this shopping mall aren’t even open yet and investors are clamoring to get a piece of the action. Jet.com is launching tomorrow, promising to usurp Amazon’s dominance in… Read More
A week after I placed my first order on Jet.com, I received a handwritten card in the mail, thanking me for shopping on the site. “As a member of the… Read More
Jet.com, the e-commerce startup founded by Marc Lore, the former founder of Diapers.com, is finally saying how it intends on beating Amazon.com when it opens up shop next month. In a Bloomberg BusinessWeek… Read More
The most common ways to own stock in a startup is to be an investor or an early employee, but Jet.com has another idea: It wants to give stock options to some… Read More
Marc Lore, the former founder of Diapers.com, has already raised $80 million for his new e-commerce company, called Jet.com, but today he said he wants to raise a whole lot… Read More
Exactly what Marc Lore, the former CEO of Diapers.com, has in store for Jet.com is not clear, but he has plenty of capital to get it off the ground. Today, he announced… Read More
