Monthly Archives - August 2016

It’s Official! Wal-Mart has Acquired Jet.com for $3.3 billion

The long wait is over as it has now been established that Jet.com was acquired by Wal-Mart for $3 billion in cash as well as $300 million in stock.  This news may as a surprise to some, but for most individuals it was definitely expected.  The more shocking piece to this story is the fact that Jet just recently celebrated their one-year anniversary and CEO Marc Lore's plan was to grow their business as much as possible over the next 4 years before even [...]

If Wal-Mart Acquires Jet.com, can they Undercut Amazon?

If you own a business and/or regularly sell on Jet.com, then you most likely heard that Wal-Mart is in the process of possibly acquiring Jet.com for $3 billion.  Wal-Mart's online presence isn't much compared to Amazon and they're hoping to vastly improve that with the likes of owning Jet.  Jet has made big waves on the e-commerce market and this acquisition will continue to increase the growth of the company. The 21st century is undoubtedly the century of technology and in most [...]

Jet.com Celebrates Anniversary with its Own Version of Prime Day

Many shoppers assumed that Amazon's annual Prime Day was going to be the last day of great deals for awhile.  Well lets just say they should be very happy to find out they're wrong.  Jet.com, Amazon's new and upcoming rival, is celebrating its one-year anniversary the best way possible and that's with 11 days of great deals!  All of the deals ranged from household and baby products to electronics and sporting goods. Jet has the hopes of converting shoppers by [...]

How Jet is slowly becoming Amazon’s Biggest Rival

Pretty much anyone that is invested in ecommerce is aware of Marc Lore and his accomplishments. Once he sold Quidsi to Amazon, there wasn’t much news on him as he had now been working for Amazon. He then decided to leave Amazon and come up with its soon-to-be rival, Jet.com. Jet is growing at an alarming rate in the ecommerce market and doesn’t seem to be slowing down anytime soon. Marc had one vision with Jet and that was with [...]