jet.com
Marc Lore's Wonder dangles incentives for investors following $100M Nestle deal: sources
November 10, 2023 | 4:30pmWonder -- the food-delivery startup that just got a $100M investment from Nestle -- is dangling unusual incentives for investors as it scrambles to raise even more cash, The Post...
Jet.com founder Marc Lore is leaving Walmart
January 15, 2021 | 11:32amWalmart said its e-commerce guru Marc Lore -- who many analysts credit for helping the retail giant compete more effectively against Amazon during the past few years -- is leaving...
Walmart shutting down Jet.com after buying it four years ago for $3.3B
May 19, 2020 | 10:00amWalmart said it's shutting down Jet.com, just four years after it shelled out $3.3 billion to buy the online grocery startup in a bid to compete with Amazon. The world's...
Walmart rolls out shipping changes to rein in costs
August 31, 2018 | 9:50pmWalmart will get you your online order, unless it costs too much to ship, and then it will tell you it’s out of stock, according to a Wall Street Journal...
Walmart's Jet.com to offer same-day delivery in NYC
July 10, 2018 | 12:32pmWalmart’s Jet.com said on Tuesday it will open a new fulfillment center in New York City this fall, making the largest city in the United States one of its first...
Jet.com's founder may be eyeing the exit at Walmart
February 20, 2018 | 7:06pmMarc Lore could be eyeing his exit from Walmart, several sources tell The Post. The scrappy e-commerce entrepreneur — whose startup Jet.com got acquired by Walmart 17 months ago for...
eBay, Jet.com ban products made from donkey hides
February 14, 2018 | 8:38pmConsumers looking for supplements made from donkey hides won’t find them on Jet.com or eBay anymore. An animal rights group successfully persuaded the online behemoths to stop selling supplements that...
Jet.com president stepping down
January 26, 2018 | 9:51pmAfter just a year as president of Jet.com, Liza Landsman is leaving. Walmart bought the e-commerce startup in September 2016 for $3.3 billion and Landsman, who had been chief customer...
Walmart shares jump on better-than-expected sales
November 16, 2017 | 9:37amDoug McMillon is proving you can teach an old dog new tricks. The Walmart chief executive, after years of heavy investing in the chain’s online store, is reaping the rewards...
Walmart and Jet.com are dividing America to conquer it
October 12, 2017 | 11:11pmWalmart brass feels its brand may not be the best when it comes to selling to urban customers. The discount giant will have its youngish Jet.com e-commerce unit focus on...
Walmart's 'Always Low Prices' slogan doesn't apply at Jet.com
October 12, 2017 | 10:45pmLooking for a deal on a kitchen mixer, some breakfast cereal or toothpaste? Well, if you have a choice between shopping on Walmart’s site or with Jet.com, its recently acquired...
Walmart's Jet.com site to launch its own line of groceries
September 28, 2017 | 5:11pmWalmart’s e-commerce site Jet.com, looking to better compete on price with archrival Amazon.com, is preparing to launch a private-label brand, The Post has learned. The brand, which the company confirmed...
Walmart, eyeing Amazon, buys Jet.com for $3.3B
August 8, 2016 | 9:13amWalmart confirmed it is shelling out more than $3 billion for e-commerce startup Jet.com as it scrambles to play catchup online with Amazon. A key condition of the deal is...
Walmart tries catching up to Target with Jet acquisition
August 4, 2016 | 10:08pmIt may be too late for Walmart to ever catch up with Amazon online — but buying Jet.com could at least give the retail behemoth a leg up on rival...
Jet.com notches its biggest sales day amid $1B valuation
November 26, 2015 | 8:50pmJet.com is starting to get some air under its wings. The well-funded e-commerce site notched its biggest-ever sales day this week — and expects to shatter that daily record by...
Jet raises $350M in funding round
November 24, 2015 | 11:03pmJet.com has become a tech “unicorn,” saying it was valued at $1 billion in a funding round that raised $350 million in cash from Fidelity, Bain Capital, Alibaba and Google...