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Re:Confirmed: Walmart buys Jet.com for $3B in cash by publicfig on Monday August 08, 2016 @10:25AM (#12247994)
At this point, it's a generalized online marketplace that has been successful enough that some of the general public has heard of it and used it. 3B is QUITE a bit of money, I agree, but from a name and branding perspective in the age of Amazon, Jet has already made an impressive amount of progress where SO many others have failed.

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