• Walmart's Jet.com Aquisition: Marc Lore Indiana Jonesed His Way to $3.3 Billion

  • Mar 17 2024
  • Durée: 18 min
  • Podcast

Walmart's Jet.com Aquisition: Marc Lore Indiana Jonesed His Way to $3.3 Billion

  • Résumé

  • If you read most articles on Walmart's acquisition of Jet.com for $3.3 billion, you're led to believe that the retail giant came away with a win out of their deal with Marc Lore and company. After all, Walmart.com's sales growth has grown significantly since the deal was made. But when you closely examine the details and circumstances surrounding the deal and Lore's tenure as CEO of Walmart US Ecommerce, the deal looks horrible. Sources: Walmart Agrees to Acquire Jet.com, One of the Fastest Growing e-Commerce Companies in the U.S. https://corporate.walmart.com/news/20... Walmart CEO Doug McMillon: Jet.com acquisition was worthwhile Walmart CEO Doug McMillon: Jet.com ac... With Marc Lore, Walmart went from a nascent to aggressive e-commerce player https://www.modernretail.co/retailers... Inside the conflict at Walmart that’s threatening its high-stakes race with Amazon https://www.vox.com/recode/2019/7/3/1... Walmart's Acquisition of Jet: The Winners and Losers https://digiday.com/marketing/walmart... Wal-Mart buys Jet for record-breaking $3b https://www.retaildive.com/news/wal-m... Walmart regrets everything it ever purchased https://www.retaildive.com/news/skud-... Jet.com: The $3B Hair Plugs Jet.com: The $3B Hair Plugs Walmart Rewrites Its E-Commerce Strategy With $3.3 Billion Deal for Jet.com https://www.nytimes.com/2016/08/09/bu... Will Jet.com's 'Smart Cart' Disrupt eCommerce? https://www.forbes.com/sites/joeharpa... Why Walmart's Recent Acquisition Of Art.com Is Puzzling https://www.forbes.com/sites/walterlo... Walmart shuts down its experimental personal shopping service, Jet black https://techcrunch.com/2020/02/13/wal... Walmart keeps selling, as retail M&A picks up https://www.axios.com/2023/04/24/walm... Walmart Merges Jet.com Into Its Ecommerce Business, President Moves On https://multichannelmerchant.com/ecom... Walmart sells intimates site Bare Necessities to Israeli company https://www.bizjournals.com/bizwomen/... Wiki Jet.com https://en.wikipedia.org/wiki/Jet.com Art.com Fact Sheet https://web.archive.org/web/202104181... ‘Not a core competency:’ Why Moosejaw no longer fits in Walmart’s portfolio https://www.modernretail.co/operation...#Business #Acquisitions #Ecommerce
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