We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

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.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)