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A comment on Confirmed: Walmart buys Jet.com for $3B in cash. Parent comment

Re:Confirmed: Walmart buys Jet.com for $3B in cash by dclowd9901 on Monday August 08, 2016 @10:24AM (#12247992)
I see this as Wal-Mart buying their place into the online market. It's hard for a company like that to be able to spin up an entire division, and do it right.

A cynical person might also believe Jet created itself to be sold off in this very way, too.

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Re:Confirmed: Walmart buys Jet.com for $3B in cash by arenaninja on Monday August 08, 2016 @10:29AM (#12248024)
To be fair, I installed the Walmart mobile app as well as Jet over the weekend. The Walmart experience is miles ahead. Pricing was also better, and Walmart has better pricing than Amazon on a lot of things lately. I'm not sure that they're 'buying' their place, because it seems to me they're ahead of the game on anything but name
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Re:Confirmed: Walmart buys Jet.com for $3B in cash by tedmiston on Monday August 08, 2016 @12:10PM (#12248851)
Walmart's e-commerce growth has been declining every quarter, except Q4 2014 where it jumped +1%, since the beginning of 2014.

http://fortune.com/2016/05/20/the-silver-lining-in-walmarts-...

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Re:Confirmed: Walmart buys Jet.com for $3B in cash by voidlogic on Monday August 08, 2016 @10:33AM (#12248059)
Walmart has been rapidly growing their eCommerce operation for several years, the only difference in the past this has been done via multiple smaller acquisitions per year, rather than by huge ones.
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