Watch Out, Amazon: Walmart Is Coming For You
Walmart is buying Jet.com for $3 billion in one of the largest e-commerce acquisitions ever.By Lindsey Pulse | August 8, 2016
The quest to stop Amazon from total domination continues — this time in the form of Walmart buying Jet.com.
Walmart announced Monday it agreed to pay around $3 billion for the online retailer. The deal also includes another $300 million in Walmart shares to be paid over time.