Walmart Buys E-Commerce Startup Jet.com - But Can It Catch Amazon?

摘要

WalMart Stores Inc. might be running a distant second to Amazon.com Inc. in the e-commerce race, but it's spending billion of dollars to close the gap. This summer, Walmart announced the acquisition of e-commerce startup Jet. com Inc. The price tag was $3bn in cash and $300m in Walmart stock.