Marker
Published in

Marker

Why Walmart’s $3 Billion Bet on Jet Wasn’t an Epic Failure

The soon-to-be-retired Jet.com wanted to be the Amazon killer. Instead, it gave Walmart a fighting chance at e-commerce.

Image: Jet.com

We gather here today to mourn the short life of Jet.com, the e-commerce startup launched in 2015, which Walmart purchased for $3.3 billion in 2016 — and announced…

--

--

--

Pop business for the intelligent reader. A publication from Medium.

Recommended from Medium

LOS ANGELES LAKERS ANNOUNCE OFFICIAL SPONSORSHIP WITH SOCIOS.COM

Applications to Keep Pace with Its Growing Mobile User Base

Jasmine Crowe of Goodr: How We Plan To Rebuild In The Post COVID Economy

My first 90 days at Tesla

The Role of Business Analysts in Strategy Analysis

Is it ok to lie to people in your business?

ShoppingVirtual try-ons are replacing fitting rooms during the pandemic

Supply chain

Supply chain

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Adam Keesling

Adam Keesling

There are four kinds of business: tourism, food service, railroads, and sales | Active on Twitter @adam_keesling

More from Medium

Learnings from Zillow’s AI inflicted Loss of $10,000,000,000 Dollars

Here’s What I Intend To Use With The Metaverse As Someone Who Rarely Uses Social Media

Want to Be a Disruptor?

How Competitive Intelligence Improves The Quality of Sales Calls