Wal-Mart changes e-commerce strategy

Publication

10 September 2016 à 14h59

Updated on 10 May 2019 à 18h13

Reading time

2 minutes

Publication: 10 September 2016 à 14h59, Updated on 10 May 2019 à 18h13

Reading time: 2 minutes

Publication

10 September 2016 à 14h59

Updated on 10 May 2019 à 18h13

Reading time

2 minutes

Publication: 10 September 2016 à 14h59, Updated on 10 May 2019 à 18h13

Reading time: 2 minutes

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o increase market share in the fiercely competitive online retail market and keep abreast with Amazon, Wal-Mart signed an agreement in August to buy the U.S. online marketplace Jet.com for U$3.3 billion. This is the largest acquisition of an e-commerce business in the U.S.A., and is due for completion by December. Created in July 2015 by Marc Lore (aged 46), Jet.com is a vast online marketplace selling products for less than Amazon and Wal-Mart. Instead of investing in physical inventory,...

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