Walmart Buys — Jet Com

The 2016 acquisition of by Walmart for $3.3 billion is widely reviewed by experts as a strategic success for the talent and technology it provided, even though the consumer-facing brand itself was ultimately shut down in 2020. Strategic Review: Was it a Success?

: Early reviews of the Jet.com platform were mixed; while some users enjoyed "new customer" discounts, others complained about poor customer service and canceled orders. walmart buys jet com

: On Glassdoor , Jet maintained a relatively high employee rating of 3.7 out of 5 stars , with staff praising the "fresh ideas" and expertise that were eventually "infused" into the broader Walmart corporate structure. Timeline of the Acquisition The 2016 acquisition of by Walmart for $3