Wal-Mart to buy Jet.com in bid to strengthen e-commerce offering

Wal-Mart to buy Jet.com in bid to strengthen e-commerce offering

temim 7:21 AM
(Reuters) - Wal-Mart Stores Inc said on Monday it would buy online retailer Jet.com for about $3 billion, the largest-ever deal for an e-commerce startup, as it races to build a Web business to better compete with Amazon.com Inc.


from Reuters: Technology News http://ift.tt/2aUoozh
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