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Old 08-08-2016, 10:34 AM   #1
A.T. Hagan
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Default Walmart goes to war with Amazon by buying Jet.com for $3 billion in largest e-commerce purchase in history

Walmart has purchase e-commerce site Jet.com for about $3 billion
The retail giant is trying to compete with Amazon.com in online sales
Walmart dominates the market in in-store sales but falls fourth in digital
Jet.com has seen steady growth over the last year and should continue
Four million shoppers use Jet.com and it is predicted to make $1B a year

Walmart is struggling to maintain an online clientele and Jet.com
might be a perfect pairing to help the retail giant compete with
Chance favors the prepared mind.
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amazon, billion, buying, ecommerce, history, jetcom, largest, purchase, walmart, war

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