Re:Confirmed: Walmart buys Jet.com for $3B in cash
by jonknee on Monday August 08, 2016 @02:00PM
(#12249639)
> They must be burning lots of cash though. I placed a $100 order with about 7 items and it came in 6 different boxes.
It's an interesting business model for sure. They were spending $20-25m a month on advertising and then on top of that is selling things for less than they cost.
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by tedmiston on Monday August 08, 2016 @12:01PM
(#12248777)
That's interesting. Mine have always arrived together in one box per order. Are you ordering a lot of books or some broad variety of items?
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by rb808 on Monday August 08, 2016 @12:26PM
(#12248936)
Yes was a variety, all came from different retailers.
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by rb808 on Monday August 08, 2016 @12:32PM
(#12248977)
I should add if Jet is now Walmart they aren't the small guys any more. Anyone have any alternatives?
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by therealdrag0 on Monday August 08, 2016 @02:26PM
(#12249827)
Do you have any reason beyond principle to only use "small guys"?
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by botfly on Monday August 08, 2016 @03:25PM
(#12250258)
I don't know if Jet was a "small guy" before the acquisition either if they had a 1B valuation. Plus pricing at a loss to get market share and compete with Amazon or get acquired by Walmart isn't really a small guy business plan. My idea of small guys I'd want to help is a local mom and pop stores. Maybe that guy likes the idea of helping start-ups though? It's his money
They must be burning lots of cash though. I placed a $100 order with about 7 items and it came in 6 different boxes.