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Re:Confirmed: Walmart buys Jet.com for $3B in cash by camelNotation on Monday August 08, 2016 @01:56PM (#12249613)
Walmart has something Jet.com needs: one of the world's most advanced product delivery systems. Every Wal-Mart store is a distribution center waiting to happen. They are enormous and they are everywhere.

Jet.com has something Wal-Mart can use to rocket its online presence forward: advanced online infrastructure, patents, a wealth of technology experts, and users.

Together, Wal-Mart can beat Amazon at its own game by doing what Amazon is already doing (building more, smaller DCs everywhere) using what they already have (massive retail locations everywhere).

Re:Confirmed: Walmart buys Jet.com for $3B in cash by chaostheory on Monday August 08, 2016 @07:27PM (#12251515)
Jet also has something else that Walmart doesn't have: a better reputation. It doesn't hurt that Jet's founder also used to work for Amazon as well and he has a track record with founding and running Quidsi (Diapers.com, etc...)
Re:Confirmed: Walmart buys Jet.com for $3B in cash by rogerdpack on Monday August 08, 2016 @10:08PM (#12252111)
It does have a reputation (for me, anyway) of possibly being cheaper. And tons of reviews online of people having poor experiences buying from it. That's the rep. it has for me so far :)

It does have a cooler looking website than walmart, and possibly even amazon. FWIW.

Re:Confirmed: Walmart buys Jet.com for $3B in cash by chaostheory on Monday August 08, 2016 @10:58PM (#12252292)
That's actually what I was discussing. Walmart does have the reputation for being cheap; too cheap at the expense of everything else (parking lot safety is just one example out of many). Market research has shown time and time again that they just can't win certain high income demographics (even after making major changes), which is just another reason that Costco, Target, and Amazon thrive and why I feel that this was a good buy for Walmart.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by randomanybody on Tuesday August 09, 2016 @09:44AM (#12254405)
Cheap with a poor customer experience? They'll fit right in at Walmart.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by rpgmaker on Monday August 08, 2016 @04:47PM (#12250750)
I hope it works out for them. Amazon's age it's showing, their site it's clunky and unresponsive at times. Sellers misrepresent their wares all the time. They're outright banning some products which, for a store, it's a very opinionated move if you ask me. And don't give me the "the Apple Store doesn't carry the Fire" crap, Amazon bills itself as the "everything store". It works sure and customer service it's still miles ahead the competition (this is expensive and something that it's always overlooked by the competition) but they're neglecting the storefront by trying to be "everything".
Re:Confirmed: Walmart buys Jet.com for $3B in cash by gggggg11111 on Monday August 08, 2016 @07:03PM (#12251410)
Amazon closes customer accounts left right and center too, good luck getting thru to anyone human then despite being a decade long customer with thousands of digital purchases going poof.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by ak4g on Monday August 08, 2016 @07:15PM (#12251456)
Can you give me any pointers on where I can find out more about this?

(Also curious about the banned product lines if anyone can summarize/link to what's going on there.)

Re:Confirmed: Walmart buys Jet.com for $3B in cash by AceyMan on Monday August 08, 2016 @11:51PM (#12252505)
Sample product: you can no longer get neodymium magnets from Amazon Shopping. (They were in my Wish List, and then, poof, "This product is no longer available." More searching within the site returned nothing.)
Re:Confirmed: Walmart buys Jet.com for $3B in cash by ak4g on Tuesday August 09, 2016 @05:11AM (#12253396)
Okay, granted, but that's not exactly what I'd call egregious. They're, um, capable of causing injury, and the kind of thing I would probably want to ensure was only sent to recipients who had a i-know-what-i'm-doing form on file with my legal dept. Not the kind of thing I expect to be available for free 2-day shipping or whatnot.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by TimJRobinson on Monday August 08, 2016 @11:59PM (#12252530)
You can Google "Amazon phone number" to speak to someone human...
Re:Confirmed: Walmart buys Jet.com for $3B in cash by gggggg11111 on Tuesday August 09, 2016 @05:02AM (#12253374)
I did, they want me to fax credit card details to their fax number (who the hell uses fax in this day and age?) which I done and no reply

I doubt anyone monitors it, everytime I ring them they bounce me from idiot to idiot

I now need access to some invoices for purchases I made last year for accountant but cant login, and of course all my digital purchases are gone, the 2 kindles are useless.

Re:Confirmed: Walmart buys Jet.com for $3B in cash by notyourwork on Wednesday August 10, 2016 @10:46AM (#12262137)
Sounds like parts of this saga are missing. Amazon doesn't just dump customers, they are happy to take everyone's money.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by tootie on Monday August 08, 2016 @05:51PM (#12251123)
I kinda doubt jet.com is more sophisticated than walmart.com. They just wanted a more youthful brand.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by kobayashi on Tuesday August 09, 2016 @01:09AM (#12252744)
Just about anyone who cares is envious of Walmart's logistics systems. They're seriously life-savers in disaster management scenarios.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by AznHisoka on Monday August 08, 2016 @08:35PM (#12251779)
jet.com has no:

- reviews of products

- no customer q&a section

- no 3rd party seller ratings

These are rather basic features in an ecommerce site. So no, I don't think the guys from jet.com are experts at all.

Re:Confirmed: Walmart buys Jet.com for $3B in cash by allendoerfer on Monday August 08, 2016 @10:19PM (#12252154)
Worse than having no content is publicly showing an empty user-generated content section. Marketing-wise it also seems like a dumb idea to try to beat amazon.com on longtail.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by AndrewKemendo on Monday August 08, 2016 @10:53PM (#12252278)
Perhaps they intentionally don't have those. I can see them being as much liabilities to a marketplace as a benefit - with significant overhead.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by kevin_thibedeau on Monday August 08, 2016 @07:03PM (#12251414)
Wal-Mart's delivery system is tuned to service a few thousand stores plus whatever scraps walmart.com takes in. It remains to be seen if they can use Jet to their advantage or destroy it by borgifying their management with Wal-Mart graybeards.
Re:Confirmed: Walmart buys Jet.com for $3B in cash by desireco42 on Monday August 08, 2016 @02:29PM (#12249844)
I am a little skeptical on Jet side, experts, patents etc. I think Walmart probably has better experts, but like someone said, this is mostly lead by corporate and I expect this to turn out to be terrible decision. But what do I know :)
Re:Confirmed: Walmart buys Jet.com for $3B in cash by bluGill on Monday August 08, 2016 @03:12PM (#12250158)
WalMart has experts, but they are already busy current problems. To get into online needs experts who spend their time on the problem - but WalMart cannot afford to let their current experts leave their current jobs or the company would go under.

That isn't to say WalMart can't (or shouldn't) transfer some of their experts to Jet, and some Jet experts elsewhere. Just that they cannot afford to lose all their experts in the core business to the online dream.

I too expect this to turn out to be a terrible decision, but I've been proven wrong on my expectations before. Reasons like the above is generally why.