Re:Confirmed: Walmart buys Jet.com for $3B in cash
by __derek__ on Monday August 08, 2016 @01:23PM
(#12249357)
Walmart.com has much higher sales than Jet. It already is huge online, even if it's not Amazon huge. If anything, this is about pruning competition and buying potentially useful IP.
[ Parent
| on HN ]
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by mandeepj on Monday August 08, 2016 @03:09PM
(#12250135)
>even if it's not Amazon huge
are your serious?
Walmart's revenue was $482.1[0] billion in 2015 and amazon's was $107b[1]
[0] - https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e...
[1] - https://www.google.com/webhp?sourceid=chrome-instant&ion=1&e...
edit - sorry, i missed the .com part
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by chockablock on Monday August 08, 2016 @03:22PM
(#12250238)
Parent referred to walmart.COM. Walmart online sales only $13B/yr, per http://fortune.com/2016/05/20/the-silver-lining-in-walmarts-...
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by __derek__ on Monday August 08, 2016 @05:35PM
(#12251040)
Even though I meant Wal-Mart e-commerce, this is a good reminder that the company remains huge despite concerns about its online sales.
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by rogerdpack on Monday August 08, 2016 @10:09PM
(#12252114)
Honest question: do any readers here really order from walmart.com ? I am surprised they sell much at all, based on how much I personally have ordered from them (never).
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by gtk40 on Tuesday August 09, 2016 @10:03AM
(#12254526)
I do. I price compare on larger purchases and have found Walmart.com cheaper occasionally. I've even done stuff from Sears, which has a multi-vendor marketplace as well. Both tend to have an addition 5-10% with Discover Deals as well, which I can't normally get with Amazon.
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by gsg21 on Tuesday August 09, 2016 @11:08AM
(#12255031)
I've ordered a few times in the last couple months. They were cheaper than anywhere else (by a few bucks) and I did the store pick-up option to avoid shipping costs. In my experience, it's pretty quick shipping and the products are good quality
Re:Confirmed: Walmart buys Jet.com for $3B in cash
by rogerdpack on Tuesday August 09, 2016 @12:48PM
(#12255903)
Thanks for the response.