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Second time around

8 August 2016 By Jennifer Saba

The giant retailer is shelling out $3.3 bln for Jet.com, nine times the year-old shopping site’s estimated 2017 sales. It might bolster Wal-Mart’s poor online growth. But it’s an expensive do-over for a company which Amazon beat to Jet.com founder Marc Lore’s Diapers.com in 2010.

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