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A comment on Leaked Walmart memo reveals competitive threats. Parent comment

Re:Leaked Walmart memo reveals competitive threats by wldcordeiro on Friday June 04, 2021 @10:17PM (#27401360)
Jet was an acquisition though. I get they tried to keep some of its "upscale" shine but they eventually shuttered it for their own online offering.
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Re:Leaked Walmart memo reveals competitive threats by mike_d on Saturday June 05, 2021 @01:04AM (#27402376)
It was an aquihire. "Jet" itself was an empty shell that the Walmart marketing folks could build a higher end brand inside.

The shuttering happened because the website was racking up seven-figure monthly Azure bills and bringing in five-figure revenue. Marc just couldn't figure out how to drive traffic without all his domains he sold to Amazon (soap.com, diapers.com, etc).

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