Walmart will discontinue Jet.com, nearly four years after $3B purchase

Walmart will discontinue Jet.com, nearly four years after $3B purchase

Inside a Jet.com warehouse in 2015. Ben Fox Rubin/CNET Walmart on Tuesday said it’s shutting down Jet.com, an e-commerce site that’s┬áseen weakening online traffic for years. The announcement was part of the world’s biggest retailer’s latest quarterly earnings report, in which it said its online sales surged 74% during the coronavirus pandemic. Walmart said it’s […]