It looks as if Walmart will be the new owner of the e-commerce site Jet.com. Walmart and Jet.com have agreed to a deal worth "around $3 billion" and will make it official Monday, Recode's Jason Del ...

When Walmart (NYSE: WMT) spent $3.3 billion in 2016 to buy Jet.com, it didn't really want the online retailer's brand. It wanted the company's infrastructure, technology, and most importantly, its ...

WASHINGTON (Reuters) - Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up to the world's largest ...

The audacious move will see Jet continue to be run by co-founder Marc Lore as it is repositioned as Walmart’s e-commerce division although neither party has yet confirmed the takeover. Walmart has ...