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Walmart Buys Jet.com For $3 Billion

2016-08-08 19:05:51| PC Magazine Software Product Guide

Walmart stands to gain "fresh ideas and expertise, as well as an attractive brand with proven appeal."

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Walmart buys Jet.com for over USD 3 billion

2016-08-08 16:12:00| Telecompaper Headlines

(Telecompaper) Wal-Mart has agreed to buy Jet.com, a newcomer on the US e-commerce market, for USD 3 billion in cash. A portion of the cash payment will be paid over time, as well USD 300 million in Walmart shares. The takeover of Jet is expected to help Walmart improve its online position against the likes of Amazon and with young audiences used to shopping more online. Jet.com's co-founder and CEO Marc Lore previously co-founded and led Quidsi, the parent company of e-commerce sites Diapers.com, Soap.com and Wag.com, which was eventually bought by Amazon.

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Auto dealer buys controversial Walmart land

2014-02-21 04:44:31| Auto Dealers - Topix.net

Walmart sold the remaining 30 acres of a 54-acre parcel along New Haven Road to Pat Cronin, owner of Cronin Ford and Cronin Kia, for $2.75 million.

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Wyoming buys former Walmart site to house charter school

2013-07-31 22:16:00| American School & University

Snowy Range Academy had been leasing the building. Schoolhouse Beat read more

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